RE: [OPE] value-form theory redux

From: Philip Dunn <hyl0morph@yahoo.co.uk>
Date: Thu Mar 19 2009 - 16:42:53 EDT

On Thu, 2009-03-19 at 16:40 +0000, Paul Cockshott wrote:
>
> > The gulf here seems completely unbridgeable. When I quoted that sentence
> > from Marx, I automatically assumed it was intended to apply only to
> > capitalism and foolishly imagined that no-one would think otherwise.
>
> In my previous reply I refered only to the debates in the eastern block
> marxist community. For relevance I should of course have pointed out
> that it has been controversial on OPE too with several participants,
> Gerry included, arguing that in a non capitalist society where money was
> not in use, there could be no measure of value. This is where the value
> form theory lines up with the Austrian school of conservative economics.
>

A simple word like 'value' has many meanings. I have no objection to its
use in the context of different modes of surplus labour extraction. But
it cannot possibly be the same kettle of fish in each of these very
different historical contexts. Unless, of course, it is marginal
utility.

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Received on Thu Mar 19 16:46:46 2009

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