"Fred B. Moseley" <fmoseley@mtholyoke.edu> said: > > On Sat, 9 Jun 2001, Andrew Brown wrote: > > > Fred, > > > > Thanks for your reply. I think 'entity' is too stong. But if we > > substitute 'aspect' for 'entity' I would go along with what you say. > > Ie. abstract labour are distinct aspects of value (and hence > > 'distinguishable'). Of course, I think there is alot more to the > > qualitative side of all this (viz. 'congealment', immediate opposition, > > mediate identity, and other such difficult stuff) but I can accept > > what you say, with the substitution suggested above. And I agree > > with you about the profound importance this has for grapsing the > > quantitative side of value. > > > Hi Andy, > > Thanks very much for your reply. > > Why is "entity too strong", in your view? > What is the difference between "entity" and "aspect"? > > Do you interpret "entity" to connote "independent existence" and thus no > necessary connection? > > I interpret entity to simply mean a "something distinct from other > identities", even though there may be necessary connections between these > distinct identities. > > Whatever difference there might be between entity and aspect would seem to > be very small. We seem to agree on the main points - that abstract labor > determines prices and therefore that abstract exits as a "distinct > magnitude" (defined in units of labor-time) from money, No abstract labor is defined in terms of units of socially necessary labor time. Unless a commodity proves itself to have been socially necessary, i.e., to have had a social use value, by having been sold for money, it will not count as embodied abstract labor. Abstract labor thus does not have a distinct existence from money....which does not mean that utility or use value determines the magnitude of value. Rakesh and that the > distinct existence of abstract labor as a magnitude is necessary in order > to provide a quantitative theory of value and surplus-value. > > Thanks again for the very productive discussion. > > Comradely, > Fred > > > >
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