----- Original Message ----- From: "John Bellamy Foster" <jfoster@oregon.uoregon.edu> Sent: Thursday, June 06, 2002 10:32 AM Subject: Re: Monopoly Capital and value theory Dear Jerry, You ask: "My *question* re _Monopoly Capital_ is the following: since the argument there was presented without value theory and categories, is value theory essential or redundant from the perspective of the authors?" My answer is that MONOPOLY CAPITAL was not written without value theory, that value theory permeates the entire analysis. The very use of the term "surplus" had to do with maintaining the integrity of the concept of surplus value as much as anything else. I explained this in great detail in THE THEORY OF MONOPOLY CAPITALISM. Now if you are looking for mere words... Fraternally, John
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