re: Steve's 5654 >The problem is simply put Rakesh: > >If you believe that commodities can be resolved into labour and >labour alone, then you believe in magic. But Steve no one is saying that; of course there will remain some natural residue which is not objectified labor. Marx never said otherwise. In fact in both Capital 1 and the the Critique of the Gotha Programme he emphasized that wealth is the product of both labor and nature...as you surely know But the value of commodities can indeed be resolved into their value or objectified labor alone. So even if we cannot isolate a moment at which pure labor operated without means of production, what are we saying other than than labor always operates with objectified labor? There is only one element in the causal process of value--objectified abstract labor. Don't understand the objection. Yours, Rakesh
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