[OPE-L:5584] Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: William of Ockam's Razor and Political Economy

From: Rakesh Narpat Bhandari (rakeshb@Stanford.EDU)
Date: Tue May 15 2001 - 20:29:27 EDT


Howard,
I found your 5579 to be yet another helpful, thoughtful and 
stimulating post. I think I agree with what you say here, and find 
myself corrected on my misusage of "incarnate" for example. I find 
myself however unable to reply further at this point, so I looked 
back at Wm J blake's textbook Elements of Marxian Economic Theory and 
Its Criticism, p. 107.

It seems that we agree that marx wants to explain why for the 
commodity in the equivalent form its properties of being a value form 
embodiment or of enjoying universal exchangebility seem to be no 
different than its other properties (its glitter, texture, etc). That 
is, Marx wants to show how the direct exchangeability of the money 
commodity has come to be transfigured from a relationship in an 
equation to its becoming an immanent quality of the money commodity 
itself.

  We do have some disagreement (I think) as to why Marx referred to 
three attributes of the equivalent form as peculiarities.

Chris A refers to the work of Cyril Smith who seemingly somewhat like 
Max Adler takes socialized humanity as the starting point.  I am 
wondering whether the point to be made here is that if in the 
equivalent form, private labor assumes the form of social labor; it 
is also true that in the relative form social labor assumes the form 
of private labor??

Thanks, Rakesh

>
>I'm still unclear with respect to your use of "mysticism," and particularly
>in relation to the 3 peculiarities of the equivalent form.  Of course it is
>the case that people grasp real economic relations in a distorted fashion,
>and the nature of the relations themselves can facilitate this.
>Nonetheless, we can fashion theoretically economic categories that
>accurately reflect real social structures.  The inversion that
>characterizes concrete and abstract labor -- ie that concrete labor is a
>form of appearance of abstract labor (rather than abstract labor being an
>ideational property of concrete labor) -- expresses, as I understand it, a
>scientific, not a mystical, relation of those economic categories.
>
>Comradely,
>
>Howard
>>
>
>
>
>At 08:25 AM 5/11/01 -0700, you wrote:
>>re Howard's helpful 5539
>>
>>
>>>
>>>
>>>My understanding is not that the inversion referred to in the passage from
>>>Marx gives us, insofar as it characterizes value, an illogical and absurd
>>>mystical interconnection.  There are two possibilities here:
>>>
>>>    a.	the abstractly general is a property of the concrete 
>>>and sensuous real
>>>-- an example might be whiteness as a property of horses, swans, hats, etc.
>>
>>representing an aliquot of abstractly general or social labor would
>>seem to be a property of all (reproducible) commodities in the
>>exchange relation.
>>
>>yet in fact only one commodity immediately counts--in fact it
>>actually incarnates--  abstractly general or social labor.
>>
>>Yet how if being some aliquot of abstractly general or social labor
>>is supposed to be a predicate of all commodities does the concrete
>>sensate of one commodity come to be alone the form of appearance of a
>>predicate?
>>
>>
>>
>>
>>
>>>
>>>    b.	the concrete and sensuous real is a form of appearance of the
>>>abstractly general.
>>>
>>>There is nothing peculiar about one thing being a form of appearance for
>>>another.  The error is to treat sometihng that we arrive at by purely
>>>mental effort as if it were to generate the particulars abstracted from.
>>
>>
>>The problem is when the abstractly general is treated at the same
>>level as the concrete sensate.
>>
>>That is, the university is searched for in one of its buildings or
>departments.
>>
>>So while abstract or abstractly general or social labor time--and any
>>aliquot thereof-are real, what would be mistaken is to assume that
>>abstract labor could then instantiate itself in one of the concrete
>>forms which putatively all together compromise abstractly general
>>labor.
>>
>>   so it is as if the university could be said to have materialized
>  >itself in say the Hearst mining building at UC Berkeley.
>>
>>Having the property of universal exchangeability or in other words
>>being itself the form of appearance of social labor,  money is
>>thereby fetishized and to that extent real wealth devalorized.
>>
>>
>>
>>
>>>If value is purely conceptual, then we do have an illogical mystical
>>>connection.  But if it is sometihng real, a causal ensemble, then, if it is
>>>also non-empirical, we will have to study it through its form of
>>>appearance.
>>
>>Social or abstractly general labor time--and any aliquot thereof--is
>>of course real.
>>
>>Value is the system by which any act of labor only becomes as an
>>aliquot of social or abstractly general labor time if its product can
>>be ex-changed into the money (commodity) which (alone among
>>commodities) itself incarnates social or abstractly general labor
>>time. Value is thus a social relation (or system) mediated by things.
>>
>>In the system of value then social labor only becomes as such in
>  >homogeneous, quantitative terms--each act of labor equatable and
>>reducible to the other by the equivalence in exchange of their
>>respective products.
>>
>>
>>
>>
>>
>>>   That is why we have two separate questions presented.  First,
>>>what is the nature of what we refer to, ie what kind of thing is it and
>>>what does it tend to do?
>>
>>Value is not a description of an independent thing; it is a system.
>>
>>
>>
>>>   Second, what are the forms of its representation?
>>>   Thus Aristotle could not make sense of value because he could conceive of
>>>no referent that houses or beds or money could be the form of appearance
>>>of.
>>
>>The mysticism is not in that each act of labor has in addition to its
>>concrete and qualitative aspects the abstract aspect of being
>>(potentially) a form of appearance of some aliquot of abstractly
>>general or social labor time.
>>
>>The mysticism of value is in the three peculiarities of the equivalent form.
>>
>>
>>
>>
>>
>>>   An alternative error would be to treat the form of appearance as if it
>>>were actually, or possessed the powers of, the referent.
>>>
>>>As for the third peculiarity, while I don't think there is anything to
>>>suggest the text is about gold producing labor as such, I get the point --
>>>it is the equivalent form that is at issue.
>>
>>yes this is what I should have said.
>>
>>
>>>   That is, it's not that the
>>>inversion doesn't apply to the third peculiarity -- ie it is possible to
>>>think of private labor as a form of expression for social labor -- it is
>>>rather that Marx is saying something different:  because private labor in
>>>the equivalent form is a form of expression for social labor it serves as a
>>>general claim on the labor of others, ie it becomes directly exchangeable
>>>with other commodities.  As such, it is directly social in form.
>>
>>And it is the peculiaritity or the mysticism or the category mistake
>>implicit in this that we will hopefully be able to specify better.
>>
>>
>>
>>looking forward to your reply,
>>
>>Rakesh
>>
>>



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