From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Thu Mar 01 2007 - 10:02:26 EST
> Are prices are necessary for the existence of labour values? (E.g, are > prices are part of the "real definition" of labour values?). Hi Ian: Yes, prices are a necessary mode of expression of value. Prices are part of the "real definition" of commodities. > In a > hypothetical planned economy without prices are there labour values? No. > Are prices the only way to measure labour values? Prices are the way in which values come to be expressed. Prices are more than merely a "measure" of value. (btw, why do you refer to "labour values"? This seems to me to be redundant and akin to referring consistently to the "productivity of labor" rather than simply "productivity".) It is difficult having this conversation, I think, because we seem to be employing different methodologies -- in particular different conceptions about abstraction and reconstructing the subject matter in thought. I am not faulting you here, only noting an underlying issue. In solidarity, Jerry
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