Rakesh writes [3973] re. my last reply on the transformation, "I don't see how this is a response at all." OK, time to stop on that topic; the discussion is not going anywhere. As for moral depreciation, I've written a note on this (for use with a class this semester which involves reading Smith, Ricardo and Marx). It's available in HTML at http://ricardo.ecn.wfu.edu/~cottrell/moral_depr.html I argue that while Marx's general point in ch 15 is valid, his particular use of moral depreciation in that chapter doesn't really aid the argument. Allin.
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