From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Sun Oct 16 2005 - 10:56:44 EDT
Hi Fred: We must have read Mike L's posts differently -- I didn't read his posts as making any claim about the *magnitude* of surplus value in relation to the *magnitude* of profit. His comments did not (directly) concern the _quantitative_ determination of s and profit; rather, he was making a _methodological_ claim (viz inner & outer; invisible & visible; essence & appearance). So, I don't know how you came to the inference that "Mike seems to suggests that surplus-value and profit are two different MAGNITUDES" (my emphasis, JL). > Engels' edited version of Chapter 1 of Volume 3 of Capital begins > somewhat differently. The opening paragraph states that this volume will > "approach step by step the form in which they [the configurations of > capital] appear on the surface of society, .i.e. in competition, and in > the everyday consciousness of the agents of production themselves." > (p. 117) Yes, but to say that one _approaches_ the form in which they appear in competition is different from saying that one _arrives at_ the study of competition in its concrete forms. All he is saying is that he is on a systematic [step by step] _path towards_ the "surface of society" and competition; he doesn't indicate at what point on the road he will arrive at that point [in which that subject is reconstructed in thought]. In solidarity, Jerry
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