From: Ian Wright (wrighti@acm.org)
Date: Fri Jul 11 2008 - 14:48:24 EDT
> Not exactly. We conclude that since it is reasonable to expect the > continue intervention of this human hand, the force that pushes the ball > toward the bottom of the bowl is of secondary importance in a market > economy. "Not exactly", "secondary importance": you are being vague. To understand the trajectory of the ball we of course need to consider the *combination* of both factors: the force from the hand and the force due to gravity. Think of Marx's "law of value" in this manner: it is a necessary but not a sufficient condition to explain the trajectory of market prices. Marx said as much. I think you are looking at Marx, and the classical labor theory of value, through the lens of an Austrian caricature. > WRIGHT, could you please respond too? Is this the goal of most > Marxists: fixing labour tokens proportional to labour values and > casting aside prices? Is it your goal too? No in both cases. _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope
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