At 15:52 08/09/99 +0530, you wrote:
>
>
>Sorry Jurriaan! I was browsing through several e-mail messages and the
>sentence,
>"long discredited *embodied* labour theory of value", attracted my attention.
>There is no other "labor theory of value" worth talking about, by the way. All
>other variants of "labor theory of value" are basically childish. I think
>Marxist
>economic theory will not make much progress until we are clear about a
>couple of
>questions: why Marxist theory needs a theory of value, and what question a
>theory
>of value is supposed to answer. Mumbo jumbos like instead of labor theory
>of value
>Marx had value theory of labor etc. are not going to do any good to Marxist
>theory. Cheers, ajit sinha
Whilst you express yourself more pungently than some others on this, I must
agree
with the substance of what you say here.
Why do you think that we need a theory of value by the way?
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