[OPE-L:3637] Cost Price

From: ernst@pipeline.com
Date: Thu Aug 10 2000 - 11:19:05 EDT


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I hope to clear up a bit of the confusion
concerning Marx's notion of cost price. If
I'm not mistaken, Marx uses the term differently
in Theories of Surplus Value than he does in
Capital, V3. In the former work, it means
price of production and clearly includes profit.
In the latter, cost price includes only the
amount invested (c and v) and not profit. Thus,
in V3, the price of production of a commodity and
its cost price differ given that profits are not
zero.
 

John



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