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Earlier versions of this paper were presented at Workshops of the ?Study Group on Sraffian Economics? at the Panteion University, in December 2013 and January 2016: I am grateful to Nikolaos Ntemiroglou, Nikolaos Rodousakis and George Soklis for very helpful remarks. Furthermore, I would like to thank Thomas Moutos and Spyros Vassilakis for stimulating discussions on the topic of the paper"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Panteion University","institution_ids":["https://openalex.org/I177144353"]},{"raw_affiliation_string":"I am indebted to two anonymous referees and the Editors of this journal for many insightful comments and hints. Earlier versions of this paper were presented at Workshops of the ?Study Group on Sraffian Economics? at the Panteion University, in December 2013 and January 2016: I am grateful to Nikolaos Ntemiroglou, Nikolaos Rodousakis and George Soklis for very helpful remarks. 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