aramos@aramos.bo wrote:
>
> On the contrary, Marx says:
>
> Thus the value of a commodity is equally determined by
> the quantity of *materialised (past)* labour and by the
> quantity of *living (immediate)* labour required for its
> production. In other words: the quantities of labour are
> in no way affected by the *formal difference* of whether
> the labour is materialised or living, past or present
> (immediate).
>
> Theories, II, p. 399
But Marx contradicts this idea later in referring to the importance of
reproduction values.
-- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 916-898-5321 E-Mail michael@ecst.csuchico.edu