A comment on Michael P's question below: I think this is an important issue which raises a whole host of issues concerned with what is the analytical heart of Marxism and how this relates to the socialist project. (I vaguely remember Colletti wrote about this in his essay 'Marxism: Science or Revolution?') Broadly, I don't think that Marxism is much without the labour theory of value (and I am not at all bothered that Marx never called his theory of value the LTV - this seems a later development to distinguish it from the rival 'subjectivist' theory of value from the 1870s and after. Did Marx know anything of the latter?). Hence if value theoretic issues distinguish Marxism in the analysis of capitalism, they must have some bearing on the more concrete questions. But these are not well-developed issues, and I'm afraid I don't have much to add at present. Simon >How do the value theoretic questions on the list relate to the more >concrete questions? > >Michael Perelman >Economics Department >California State University >Chico, CA 95929 > >Tel. 530-898-5321 >E-Mail michael@ecst.csuchico.edu Department of Economics, Queen Mary, University of London, Mile End Road, London E1 4NS, UK Tel: +44-(0)20-7882-5089 (direct) +44-(0)20-7882-5095/6 (Dept. Office) Fax: +44-(0)20-8983-3580
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