> >Volume 3 of Capital is mainly about the distribution of surplus-value, or the division of the total surplus-value (as determined in Volume 1) Fred, we are agreed that in order for total surplus value to have been determined in vol I (or determined according to the formula in vol 1?), the following two points must be true, right? (1)"The value transferred to the product by constant capital is then given, not as the labour time embodied in its components, but as the labour time represented by the money paid for it, being its money price multiplied by the value of money or divided by the monetary expression of labor time" (Alan Freeman, Alejandro Ramos, Fred M). (2)if this is so, Marx's talk of double divergence has to be--as Allin long ago recognized, and I came to understand much later--gibberish and logically incoherent and should in effect be ignored. Rakesh
This archive was generated by hypermail 2b30 : Sat Feb 02 2002 - 00:00:05 EST