RE: [OPE] Mastering Marxian Economics

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

This archive was generated by hypermail 2.1.5 : Thu Jul 31 2008 - 00:00:10 EDT