Oh, very obviously there is a difference between wealth and value; Marx already emphasized that in several writings.
Among other things, the existence of wealth (or if you like, the lack of scarcity) does not presuppose or require any particular valuation scheme to indicate its magnitude, and may be quite independent of such an evaluation.
Marx distinguishes between human wealth (wealth in human relations, in social relations) and material wealth (appropriations of goods and services), and he argues nature (the biosphere) and human labour are equally sources of wealth.
In ultraleftist religions, value is intrinsically "evil", and capitalist society is completely different from any other kind of society in human history, but this has nothing to do with Marx, nor with historical truth.
Jurriaan
----- Original Message -----
From: GERALD LEVY
To: Outline on Political Economy mailing list
Sent: Tuesday, February 10, 2009 8:39 PM
Subject: RE: [OPE] Odyssey and the Peruvian treasure
Jurriaan:
Do you recognize that there is a difference between value and wealth or not?
In solidarity, Jerry
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Received on Tue Feb 10 15:12:33 2009
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