Re: [OPE] The Labour Theory of Value: a Marginal Analysis

Paul, you seemed to contend with my position. But the fact that “power station manager has to pay close attention to the objective use value of the coal” is a triviality. Of course she has to!   The controversial matter is the potential mistakes that this power station manager could commit if she doesn’t pay attention to the independent variable –if institutionally speaking the system allows freedom of choice. Here is the big deal in terms of disagreements in the history of the economic thought.   So, the “entrepreneurship function” has some room even in your planning model. The question is if your planning algorithm might deal good enough with the changes of pattern preferences.   Sincerely yours, A. Agafonow   ----- Mensaje original ---- De: Paul Cockshott <wpc@dcs.gla.ac.uk> Para: Outline on Political Economy mailing list <ope@lists.csuchico.edu> Enviado: martes, 16 de septiembre, 2008 14:38:12 Asunto: Re: [OPE] The Labour Theory of Value: a Marginal Analysis Alejandro Agafonow wrote: > > Paul, the fact that an operator of a power station could take > decisions on the basis of a stable patter of energy consumption > doesn’t change anything. This only revels that the independent > variable was stable during a specific period of time. > > In this preference stability environment even a capitalist manager > could take right decisions. But we have to identify correctly the > chain of causalities, and here subjective preferences have an > important role –if institutionally speaking the system allows freedom > of choice. > > A. Agafonow > > You missed my point. What I was saying is that a power station manager has to pay close attention to the objective use value of the coal, its calorific value which will vary between different sources of coal. > ----- Mensaje original ---- > De: Paul Cockshott <wpc@dcs.gla.ac.uk> > Para: Outline on Political Economy mailing list <ope@lists.csuchico.edu> > Enviado: lunes, 15 de septiembre, 2008 11:00:31 > Asunto: Re: [OPE] The Labour Theory of Value: a Marginal Analysis > > Alejandro Agafonow wrote: > > > > I agree Jurriaan. There is nothing wrong with this distinction. > > However, the key to understand deeper disagreements in Economic > > Science is on the relationship between subjective use-value and > > objective use-value, between the heating power of coal and the > > sensation of heating experienced by one person. > > > Alexandro, you are concentrating perhaps too much on the final consumer > here. Try telling the operator of a power station that the objective > heating power of coal must first be filtered through subjectivity and he > will think you are havering. > A large portion of goods are destined for industry where rational > objective rather than subjective calculations prevail. > _______________________________________________ > ope mailing list > ope@lists.csuchico.edu <mailto:ope@lists.csuchico.edu> > https://lists.csuchico.edu/mailman/listinfo/ope > > ------------------------------------------------------------------------ > > _______________________________________________ > ope mailing list > ope@lists.csuchico.edu > https://lists.csuchico.edu/mailman/listinfo/ope >  _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope

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Received on Wed Sep 17 03:47:16 2008