re Andrew K's 4914 > >I am perfectly capable of returning Fred's serve (providing an >alternative interpretation of his quotations). But I want to play >tennis, not just hit the ball back and forth across the net. For >us to play tennis, we must agree on the rules and the methods of >scoring before play commences. Andrew (K), I don't believe this. What is your alternative interpretation of the passage in which Marx lays out the only two reasons why he allows prices of production to change? > > >1. If Marx was referring to the same profit rate in Ch. 6 and >Part II, and if Marx didn't contradict himself, then Fred's >interpretation of the Part II evidence is wrong. I don't read this section as evidence against Fred's thesis that prices of production change only due to changes in the value of commodities (or the productivity of labor) since in this section Marx tries to to trace out the complex effects on the rate of profit from a change in the VALUE of newly produced raw materials when there are substantial stocks on hand. Of course Marx agrees that prices and therewith the profit rate can change due to the effects of the credit system, the regime of competition, etc. But these changes could only be explained in terms of how they effect deviations from prices of production which are grounded (indirectly and directly) in the value of commodities or--to put it another way--the productivity of labor. Yours, Rakesh
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