From: Paul Bullock (paulbullock@EBMS-LTD.CO.UK)
Date: Sun Feb 20 2005 - 12:21:15 EST
Dear Jurriaan,, Asyou know we are usually in agreement but Please explain this comment of yours snip (3) ...............................................................................The existence of > value does not presuppose exchange, even if the abstract thinking about > value emerges only in the context of more sophisticated trade. thanks Paul Bullock ----- Original Message ----- From: <glevy@PRATT.EDU> To: <OPE-L@SUS.CSUCHICO.EDU> Sent: Sunday, February 20, 2005 1:43 PM Subject: [OPE-L] Fwd: Marx's Form of Analysis > ---------------------------- Original Message ------------ > Subject: Marx's Form of Analysis > From: "Jurriaan Bendien" <andromeda246@hetnet.nl> > Date: Sun, February 20, 2005 6:18 am > ----------------------------------------------------------- > > In reply to John Milios, I am not a biblical-fundamentalist Marxist, but a > socialist who thinks about what he reads, and is happy to admit in > particular cases that Karl Marx is wrong or being sloppy in his argument. > But actually in this case none of the quotes you cite contradict my case. > > It is true, that Marx argues that for the abstract development of the > economic concept of "value", monetized exchange is necessary. But > monetised exchange only makes manifest more precisely a developing > reality which already existed before. Even before money existed, people > obviously knew quite well, that the products they made had value. And > they also knew quite well, that these products could be traded for other > products. > > It is also true, that Marx argues people only begin to think abstractly > about value and about labour-time, and behave accordingly, once money > exists. This is part of his materialist conception of history: the ideas > in the heads of human beings reflect or accompany that what, objectively > speaking, they have practically achieved at a given stage of history. > > But, the historical facts as we know them are, that commodity exchange and > trade have existed for thousands of years prior to the emergence of > industrial capitalism. This is a problem for Marx's exposition in his > book, because, basically, he is concerned NOT with "the whole historical > evolution of commodity trade", but rather with trade in CAPITALISTICALLY > produced commodities. The accumulation of capital on any large scale, of > course, DOES assume monetised exchange. > > The successive steps in trade, which Marx summarises in his value-form > analysis using straightforward equations like "20 yards of linen=one > coat", are just an idealisation, a logical summary, of a real process > which begins with barter and ends with monetary speculation. > > Commodities ("Waren", literally, "wares") are defined as objects having a > "use-value" and an "exchange-value". This does NOT however mean that > commodities must by definition necessarily have a money-price, NOR that > they must necessarily be CAPITALISTICALLY produced commodities (i.e. > commodities produced basically only by means of other commodities). > > But it DOES mean that trade, markets and the commodity form DEVELOP > through an historical process, from the "elementary form" (where X amount > of commodity A is worth Y amount of commodity B) to the money form > (where X amount of commodity A is worth Y amount of money). > > As a corollary, what regulates commodity values also changes in the > process of the development of trade and of the expansion of markets; the > law of value begins to assert itself in a different way. > > Some people cannot think historically, and they like "fixed' definitions > which are good for all time. But in the real world, things are in motion > and develop, and sometimes they develop unevenly, so that archaic forms > combine with modern forms. The non-existence of money or a money-price > for goods, for example, has never stopped people from exchanging those > goods, if it was in their interest to do so. > > There are still also ultraleftist Marxists who think they are being very > radical in arguing that value and commodities can exist "only within > capitalist society", or that "there never existed any society in which > simple commodity producers predominated". > > But these people not only do not study real economic history, in order to > distinguish appropriately between the existence of "capital", "capitalism" > and "industrial capitalism"; they also are completely unable to explain > how, in a socialist economy, goods and services can be allocated, if > commodity trade is abolished. In other words, these people can neither > explain how the capitalist mode of production (or markets for that > matter) historically originated, nor what happens when capitalism and > capitalist markets disappear. > > To summarise: > > (1) A commodity can exchange for another commodity, without using or > assuming money, even if Marxists say it is impossible. > (2) A commodity can have an exchange value, without having a money-price, > which is expressed in a trading ratio, even if economists say this does > not conform to their textbook definitions. > (3) Value and exchange-value are not the same thing. The existence of > value does not presuppose exchange, even if the abstract thinking about > value emerges only in the context of more sophisticated trade. > (4) There is a difference between a commodity produced in precapitalist > conditions, capitalist conditions and postcapitalist conditions, which > strongly affects how their economic value and exchange-value are > regulated, even if leftists discourse about "commodification as a general > process". (5) Economic value begins to rule the allocation of labor > increasingly as capitalist relations develop. > > Jurriaan >
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