From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Fri Sep 14 2007 - 04:20:21 EDT
I came across an interesting web site 21stCenturysocialism.com and got involved with a discussion there on unproductive labour in the course of which I one the discussands said: “On the first point, Marxist economists usually say surplus value equals use value minus exchange value paid by the user of the commodity bought before its use in production. My formulation (whic was inverted but still consistent) was that use values in an economy plus the aggregate surplus values equals aggregate exchange values for the commodity sold after it has been produced.” I was surprised by this as he seemed to confuse the idea of surplus value with consumer surplus, so I asked him for sources on this and he said: “Sorry, the equality between surplus value and use value less exchange value is invariably accepted by economic students of Marx (see Marx's revenge by Meghnad Desai, Verso 2002 page 57.” Have others on the list ever come across this particular representation of Marx’s theory of surplus value
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