From: Paul Zarembka (zarembka@BUFFALO.EDU)
Date: Sat Jun 19 2004 - 08:16:55 EDT
Ian, 'Production of absolute surplus value' is a theoretical concept. The real object is the length of the working day. So we could go through the concepts of Marxism, mode of production, production of relative surplus value, ... I can understand the "law of value" as a theoretical object. But what is real object to which it is associated? Are not Costas' comments offering a non-circular answer to this question, whether or not to agree with his particulars? On the other hand, if I understand you correctly, you want to collapse the theoretical object and the real object onto the same phrase. Paul Z. ************************************************************************* Vol.21-Neoliberalism in Crisis, Accumulation, and Rosa Luxemburg's Legacy RESEARCH IN POLITICAL ECONOMY, Zarembka/Soederberg, eds, Elsevier Science ********************** http://ourworld.compuserve.com/homepages/PZarembka Ian Wright <iwright@GMAIL.COM> said, on 06/17/04: >Hi Paul, Howard >> In your reply, value is both a real object and a theoretical object. >> You are having your cake and eating it, too. >Maybe things would be clearer if the term "value" was replaced by "law of >value", because the latter term reminds us that it is a social process we >are talking about, and avoids reification. >The "law of value" is both a theory and a real process. Just like the "law >of gravity" is a description of a real mechanism that exists independently >of our knowledge of it.
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