[OPE-L:7159] [OPE-L:666] Re: what is the level of abstraction for market prices?

Gerald Levy (glevy@pratt.edu)
Sat, 13 Mar 1999 21:16:45 -0500 (EST)

Hi John. You asked in [OPE-L:665]:

> Before asking where market prices fit into the picture, why not ask
> where market values would be located? Here, we encounter one of
> Marx's changes in plan. In the Jan. 1863 plan, what we know as
> Chap. 10 of Vol. 3 did not exist.

Interesting question. But, as you must know since you refer to Ch. 10 of
Vol 3, the category of market value is discussed there. Are you
unsatisfied with the treatment of that topic in Chapter 10? If so,
how?

Or are you suggesting (contra Fred) that the categories of market price
and market value are best analyzed at the level of abstraction of Volume
3, Part Two?

In solidarity, Jerry