re 4718 Rakesh, I *think* I agree with most of your post but have doubts about the very begining when you write: >Because Ricardo's categories of value are the expression--if one >sided--of concrete reality, namely the valorization process, they are >taken over by Marx in their basic principles and developed further. >However, at the same time he modifies them by complementing their >exclusively abstract value character with the material aspect, and >elaborates their dual character. Ricardo describes a surplus labour process (naturalistic, material) -- even if superfical -- rather than a valorization process. Marx complements *this* material aspect with that of the abstract value-form (monetary). ("Complement" is a somewhat defective term since since the form dominates the material content.) [With Ricardo the phenomenon of money is unproblematically "collated" onto his naturalism -- money does not really matter.] Geert Reuten ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Dr. Geert Reuten University of Amsterdam, Dept. of Economics Roetersstraat 11 1018 WB Amsterdam (NL) tel #31-20-525.4202 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ home: Valeriusstraat 26 1071 MJ Amsterdam (NL) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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