Went to me but intended for the list... ------- Forwarded message follows ------- Date sent: Wed, 03 Apr 2002 23:07:10 +0800 To: Andrew@lubs.leeds.ac.uk From: nicola taylor <n.taylor@student.murdoch.edu.au> Subject: Re: [OPE-L:6867] value-form Hello Andy [OPE-L:6867], sorry in advance for brevity. You ask: >If value *is* money, then what >is the value-*form*? 1. 'Value-form' is an abstract universal concept for the 'mode of association' posited by capitalism. Value-form is that which enables the existence of a form of production for exchange based on the 'dissociation' of production and consumption and the 'dissociation' of labour and means of production. A wage contract (for example) is a concrete determination of the value-form. 2. 'Value' is an abstract universal concept for social 'forms' specific to capitalism. Commodities are values (in commodity form). Money is value (in money form). Ultimately, though, value is capital because success (valorisation) in a capitalist (monetary) economy is measured only by way of a comparison of capital with itself at different points in time. Nicky ---------------------------- And what is good, Phaedrus, And what is not good - Need we ask anyone to tell us these things? --------------------------------------------- Nicola Taylor Faculty of Economics Murdoch University South Street Murdoch W.A. 6150 Australia Tel. 61 8 9385 1130 email: n.taylor@stu.murdoch.edu.au ------- End of forwarded message -------
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