From: Fred B. Moseley (fmoseley@mtholyoke.edu)
Date: Wed Oct 09 2002 - 13:33:52 EDT
Riccardo, thanks for your reply. My description of your interpretation as a "two-stage" theory had to do specifically with the determination of the total surplus-value. Perhaps I should not use for now the terms "hypothetical" and "actual" (it would take some work to explain exactly what I mean by these terms). So fow now I will just use the terms "Volume 1 total surplus-value" and "Volume 3 total surplus-value". I think my description of your interpretation as a "two-stage" theory of the "Volume 3 total surplus-value" still applies. Stage 1: determination of the "Volume 1 total surplus-value" (dM*) that is proportional to the labor-time embodied in surplus-goods. Stage 2: transformation of this "Volume 1 total surplus-value" into the "Volume 3 total surplus-value" (dM). I repeat the same points that I made in (7754): I know of no textual evidence at all, in any of Marx's manuscripts, that he himself followed such a "two-stage" method of the determination of the "Volume 3 total surplus-value". Quite to the contrary, there are many passages, throughout the various drafts of Capital (as I have documented in several papers), which suggest that Marx himself understood his own logical method of the determination of the "Volume 3 total surplus-value" to be a "one-stage" method. The total surplus-value is determined in in Volume 1 and then taken as given in Volume 3. The second step in Marx's theory is NOT to transform the "Volume 1 total surplus-value" into the "Volume 3 total surplus-value". Rather, Marx's second step presupposes a GIVEN, predetermined total surplus-value (Marx said many times) and explains the division of this given total surplus-value into individual parts. The second step is DIVISION of a given total surplus-value, not ALTERATION of the total surplus-value to a different magnitude. There is NO TRANSFORMATION of a "Volume 1 total surplus-value" (dM*) to the "Volume 3 total surplus-value" (dM) in Capital. Therefore, again, I think we have to conclude that Marx himself understood his theory to determine the total surplus-value in one step, i.e. in Volume 1. Comradely, Fred On Tue, 8 Oct 2002, Riccardo Bellofiore wrote: > Hi Fred, > > first, let me thank you for your answer. > > your mail would deserve a much longer and detailed reply. > but, now, let me give a quick one. > > whatever the merits of your interpretation and position, I > hope you realised the theme of my comments. you seemed to me to want > to present a kind of 'smoking gun' supporting your interpretation. > > I simply countered that you misrepresented the position of > some (or most) of the people who think that 'values' are relevant in > the story told in volume I. why you misrepresented them? because you > charged them with a preoccupation with what 'ought to be'. no, that's > wrong: I argued that they, as you, are interested in 'what is' and > read Marx as interested in what is, and surplus value (whatever the > different interpretation of the notion are) has to to with what is. > > and this has nothing to do with two-stage theory if it is > meant as two-approximation (e.g., there are a lot of people, > including myself, who valued 'values' but didn't had any > two-approximation approach: I am against it, well, since my first > course in Marxism, 1972). if you mean two-stage as, first 'values', > then 'prices of production', then I guess you have to criticize first > of all the Master. > > in any case, the first stage is not hypothetical at all. it > is ACTUAL surplus labour (provided all the 'value' produced is > realized: but certainly YOU should have nothing against it), as > ACTUAL social working day less ACTUAL necessary labour. is this not > 'what it is'? > > now, in your answer to me, you restate your position, but I > do not see where you dismantle my point. at the minimum, Marx may be > read in this two different ways. at the minimum. so, my answer stays > where it is (see ps). > > of course, you try to argue as if YOUR Marx is Marx: it may > be, but I do not find very interesting the position of those (either > TSS or your kind or my kind or any kind of scholar) who in the XXIth > century seem to think that a text has only one reading. of course, I > am interested in looking at your quotes: but they have not convinced > me that we have found a Marx without any contradiction (the same I > could say, say, for me, or any other). > > and I still wait your answer to show me that it is clear that > Marx didn't had the real wage as given in vol I. which to me is a > good falsification of your reading. as long as this is a POSSIBLE > reading of Marx, vol I, well, the debate still goes on. > > riccardo > > ps: hic Rhodus, hic salta! > > > > At 17:26 -0400 5-10-2002, Fred B. Moseley wrote: > >Riccardo, thanks for your comments. My replies below. > > > > > >On Sat, 5 Oct 2002, Riccardo Bellofiore wrote: > > > >> At 22:36 -0400 4-10-2002, Fred B. Moseley wrote: > >> > > >> >I always thought that this quote meant something like "put up or shut > >> >up". But I reread the translator's (Fowkes) footnote tonight, and he > >> >says that this quote is a reference to Hegel, and specifically to the > >> >Preface to Hegel's Philosophy of Right. According to Fowkes, Hegel > >> >"uses the quote to illustrate his view that the task of philosophy is to > > > >apprehend and comprehend WHAT IS, rather that what ought to be." > > > >(emphasis added) > > > > > > > > > of course, "a hypothetical total > > > surplus-value proportional to the labor-time embodied in surplus > >> goods" has nothing to do with "what ought to be". this > >> characterization would apply to a Ricardian socialist, not to a > >> Marxian (or to most of Marxians). > >> > >> in the specific instance, the idea you criticize is (or may be seen) > >> as essential to understand what is. this is true: both if we accept > > > or if we deny that this notion is actually the Marxian one, relevant > > > to read Capital vol I. > > > >1. I am glad that you agree that the aim of Marx's theory of > >surplus-value is to explain the actual total surplus-value ("what is"). > > > > > >2. However, you seem to suggest that is possible to have a > >"two-stage" theory of the actual total surplus-value (the term is mine, > >not Riccardo's but I think it accurately reflects the theory that Riccardo > >is suggesting; please correct me if I am wrong): > > > >Stage 1: determination of a hypothetical total surplus-value (dM*) > > > >Stage 2: the transformation of this hypothetical total surplus-value into > >the actual total surplus-value (dM). > > > >You suggest that this "two-stage" theory is possible, whether or not it is > >Marx's theory in Capital. > > > > > >3. In the current discussion, I am interested only in what is Marx's > >theory in Capital. > > > > > >4. And I see no textual evidence at all, in any of Marx's manuscripts, > >that he himself followed such a "two-stage" method. Quite to the > >contrary, there are many, many passages, throughout the various drafts of > >Capital (as I have documented in several papers) which suggest that Marx > >himself understood his own logical method of the determination of the > >actual total surplus-value to be a "one-stage" method. The actual total > >surplus-value is determined in one step, in Volume 1. > > > >The second step in Marx's theory is NOT to transform a hypothetical > >surplus-value into the actual total surplus-value. Rather, Marx's second > >step presupposes a GIVEN, predetermined total surplus-value (Marx said > >many times) and explains the division of this given total surplus-value > >into individual parts. The second step is DIVISION of the total > >surplus-value, not ALTERATION of the total surplus-value. There is NO > >TRANSFORMATION of a hypothetical total surplus-value (dM*) to the actual > >total surplus-value (dM) in Capital. > > > > > >5. Therefore, I think we have to conclude, don't we, that Marx himself > >understood his theory to determine the actual total surplus-value in one > >step, i.e. in Volume 1? Whether or not a "two-stage" theory of the actual > >total surplus-value is possible, and why one would want to explain the > >actual total surplus-value in two stages rather than one, are separate > >questions. But I think it is clear that Marx's own theory of the actual > >total surplus-value is a "one-stage" theory. > > > > > > > > > >> > >> so, Fred, I think you are creating a straw man (or woman). > >> > >> riccardo > > > >I don't thing I am creating a straw man. Rather, I think I am trying to > >clarify the logical method that Marx himself used to construct his > >economic theory. And, as I said, I think it is quite clear that Marx's > >own theory of the actual total surplus-value is a "one-stage" theory. > > > > > >Comradely, > >Fred > > > -- > > Riccardo Bellofiore > Dipartimento di Scienze Economiche > Via dei Caniana 2 > I-24127 Bergamo, Italy > e-mail: bellofio@unibg.it, bellofio@cisi.unito.it > direct +39-035-2052545 > secretary +39-035 2052501 > fax: +39 035 2052549 > homepage: http://www.unibg.it/dse/homebellofiore.htm > >
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