From: GERALD LEVY (gerald_a_levy@msn.com)
Date: Tue Jul 29 2008 - 09:09:40 EDT
> What precisely is your VLP?> 1. How is it defined? Hi Dave Z: VLP = the _value_ (and, hence, SNLT) represented by the _commodities_ which enter into the reproduction of the _commodity_ labour-power. I have emphasized value, commodity, and the commodity character of LP above to make it clear that the definition of the VLP is related to - and a consequence of - those other concepts. It should be clear, for instance, that if something enters into the reproduction of LP but does not take the commodity-form then it is not counted (in _practice_) as part of the VLP. Furthermore, the idea that LP is a commodity is part and parcel of a specific social relation between capital and wage-labor. > Labour-power takes> 2. How can you make it operational?> 3. How could one measure this quantity? These are secondary questions. The scientific question should not be how _we_ can make a concept operational or how we can measure a quantity but rather whether LP _is_ a reality associated with capitalism which is made operational and comes to be quantified *in practice*. > Now the question > arises: Does the social labour> time necessary to reproduce use-values set general constraints on any > society not merely capitalist societies? That's not a question I am much interested in. Asking questions like that leads to ahistorical generalizations such as the concept of opportunity costs. In solidarity, Jerry _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope
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