GERALD LEVY wrote:
>
> Dualist interpretations, where there are separate value
> and price accounting schemes, are an expression of that intellectual
> tradition.
The problem with the 'single system' approach is that it effectively
eliminates the distinction between labour-embodied and labour-commanded.
There can be no deviations between price and labour-value if there are
not separate accounting schemes. Thereby one has also removed any
testable content of the LTV. (I think is precisely the point of the
value-form approach.)
//Dave Z
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Received on Sat Mar 28 08:36:43 2009
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