From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Thu Jan 26 2006 - 17:39:45 EST
Andy Not sure whether you have helped Rakesh here. You have weight as form of appearance of mass. But the analogy you want is the immanent and external measure of weight itself. Weight is not a form of appearance of anything because it is invisible - like value. Rather if you think of a pair of scales then what happens is that we tend to think of having 'weights' on one end, and items whose weight we wish to measure on the other. The form of appearance of weight is then the 'weights' (blocks of iron or whatever) we are using. The external measure is the quantity of these 'weights'. The immanent measure is that of force (meaured in Newtons I suppose) because 'weight' really is a force, hence its real measure is in units of force. ------------------- Paul I think the analogy has more to it than you concede. Firstly mass is in your terms what is immanent, weight what is external. Weight as you say is a force, but it is a force engendered by an interaction - analogous to the exchange relation - between two objects with mass the world and the object we are weighing. Mass is what the two objects have in common ( analogous here to the value that M says the commodities have in common ). ---------------------------- Andy The big news for value is that, unlike weight, it can't exist without being measured. Here, I think, is where you and I disagree. On my view, this disanalogy with weight is where all the devilish difficulties of value lie, and why Marx's terminology can be difficult. ------------------------------ Paul I think this is where we may disagree. I think we use the term value slightly differently. By value I mean the labour content, I suspect that by value you mean something closer to what I would call generalised exchange value. The latter obviously does not exist unless there are exchanges which in their turn measure the value. The former is a property of the technical conditions of social production and would exist even without commodity exchange - in a non commodity producing society. Such a society might or might not have a mechanism for measuring the allocation of social labour, but the necessity to allocate the labour ( whether by explicit calculation or by simple custom and practice as in M's account of traditional Indian villages ) would still remain. In this way value - abstract social labour will continue to have social effects even if it is not measured. Thus at the basis what we are arguing about may just be the usage of terms. -----Original Message----- From: OPE-L on behalf of Paul Cockshott Sent: Thu 26/01/2006 12:14 To: OPE-L@SUS.CSUCHICO.EDU Cc: Subject: Re: [OPE-L] price of production/supply price/value Rakesh Bhandari wrote: >> Rakesh >> > > Ian and Jurriaan, > the question I am getting at is simple: how can we speak of price/value > divergences if price of production is itself a form of value? If price > of production is a form of value, then how can a form of value diverge > from value? Donkeys may be a form of animal, but > we don't speak of donkeys diverging from animals. > I think that if you use the phrase 'form or representation' or 'form of appearance' it should be clearer. A representation is something other than what is represented. Weight is a form of representation of mass, but is not identical to it. Take a kilogram mass to the moon and its weight will change, but whether on the moon or on earth, mass can still be represented in weight. Similar problems exist in other forms of metrology - to go from socially conventional standards of measurement to objective measures. The objective measure of value is social labour time required to produce things - but to determine this requires a vast body of information that is typically unavailable in a capitalist economy, but which should be available in a planned economy. Price acts as a representation of value, and, by studies using I/O tables we can get some idea of how accurate it is as a representation. An analogous situation exists today with the attempts to get an accurate definition of the Coulomb of charge. This is conventionally defined in terms of electrostatic force, but objectively it should be defined in terms of an integral number of electron charges. But to derive a measure in terms of electron charges requires a technology that is not yet fully available, so it has been socially defined in terms of forces. But this technical limitation does not mean that there is no such thing as an objective charge in electrons, which, with better techniques, we shall be able to measure. > There seems to be a lot terminological confusion in Marx. > What I am proposing is that we call simple price one form of value and > price > of production another form of value (neither of course is market > price, so we can > still speak of a divergence between value and price; > for example the difference between market price and price of > production is > a practically important divergence between price and value, but not > the difference between > price of production and simple price which is simply a difference between > two forms of value). Simple price and price of production are both > forms of value; > however the former is counterfactual and the latter is actually > social valid (I think > Paul C and Allin grant that there is at least a weak tendency towards > profit rate > equalization). Hence > my equation value=price of production=supply price. > > At any rate, just trying to clarify my confusion and the confusion > in Marx's texts. Hope this helps. > Jurriaan, I hope the terminological confusion is clear even if > you take my attempt to resolve it as poetic. > > Yours, Rakesh > > > >> Surplus-value is redistributed to capitalists according to capital >> invested, rather than the number of workers they employ in their >> sector. >> >> The problem with this argument is step (iii): you can't conclude that >> *both* (a) and (b) are false from the contradiction in (ii). Of >> course, the fact that Marx doesn't transform cost prices, and lacks a >> general equilibrium framework, is cause for further doubt regarding >> the precise details of his argument, at least if we do the Bortkiewicz >> thing and abstract from the dynamic process of the formation of the >> general rate of profit. >> >> The problem with simply specifying a MELT to translate between prices >> of production and values, as you are proposing, is that, according to >> the neo-Ricardian critique, not all Marx's aggregates (total profit = >> total surplus-value, total price = total value, and rate of profit = >> value rate of profit) will hold. According to this formalisation of >> the problem, there is no MELT that can do this, including Foley's. So >> the quantitative connection between value and price accounting is >> missing, and Marx's thesis of conservation of value in price fails. >> >> So that's why I think the argument requires more, even if I agree with >> the direction you are taking it. >> >> Best, >> >> -Ian. > -- Paul Cockshott Dept Computing Science University of Glasgow 0141 330 3125
This archive was generated by hypermail 2.1.5 : Fri Jan 27 2006 - 00:00:01 EST