RE: [OPE] value-form theory redux

> Jerry with due respect, you engage in sophistry once more.
 
 
Jurriaan:
 
 
It is not sophistry to refer to potential vs. actual (realized potential)
in political economy. You might ponder the meaning of the *REAL*ization of
surplus value, perhaps better translated as the *ACTUALization* of surplus
value. See my latest reply to Dave Z.
 
 
 
> Now you
> say that value is created "as potential" in the production process, but only
> "actualised" in exchange. That would tend to mean that value does not exist
> prior to exchange.
 
 
Would I be engaging in sophistry to ask you at what moment in time a
butterfly or a human baby could be said to exist? It is not sophistry to
comprehend the *metamorphosis* of products that take the commodity-form.
There are *temporal and sequential aspects* to the full development of value.
 
 
 
> The substantive scientific question posed is: is capital
> valorised in production, such that an increase in value occurs within the
> immediate production process, external to the exchange process, as Karl
> Marx so painstakingly sought to demonstrate in thousands of
> pages - or, like VFT theorists claim, is value a "social effect" of
> the exchange process?
 
 
The substantive scientific question is whether you can entirely divorce
the production of value from its actualization. If you believe that there is
a dialectical unity between the processes of capitalist production and
capitalist circulation, then the answer should be 'no'.
 

 
> In poetry you can freely play around with your word meanings, but for
> economic science we require exact, crystal clear concepts with minimum fuzz,
 
 
A distinction between potential and actual is not 'fuzz'. If Michael
E were still on the list, I imagine he could tell us all about the genesis
of these concepts in philosophy and political economy.
 
 
In solidarity, Jerry_______________________________________________
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Received on Sat Mar 14 21:09:51 2009