[OPE-L:5706] Re: Re: Re: total surplus-value in Marx's theory

From: Rakesh Narpat Bhandari (rakeshb@Stanford.EDU)
Date: Thu May 31 2001 - 18:04:05 EDT


re 5704

>
>On the other hand, according to the cost-push theory of value (e.g. Adam
>Smith), an increase of rent would increase the price of agricultural
>goods, even though the labor-time required to produce the agricultural
>goods has not changed.

Fred, so in this case greater ground rent payments would increase the 
price of agricultural goods and thus reduce the mass of surplus value?

Yours, Rakesh



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