The seven posts that follow, Determination of Value, 1 through 7,
are the seven sections of a recent paper of mine, "Determination
of Value in Marx and in Bortkiewiczian Theory."
Sections 3 through 6 examine the textual evidence concerning
Marx's concept of the value transferred from the constant capital
to the product. They examine whether he held that this sum of
value is determined simultaneously, or whether he held that it is
determined temporally.
These sections contain the most exhaustive review of the evidence
on this matter to date. They are based on a study of the
Grundrisse, the 1861-63 economic manuscript, and the three volumes
of Capital.
These posts constitute a partial reply to Duncan's posts on the
MELT -- specifically his comment that Fred's textual evidence has
shown that Marx was a simultaneist. The posts therefore also
constitute a response to Fred's posts and other writings on this
issue. Finally, they constitute a response to Jerry's recent
comment that no one has shown that Marx held that value is
"conserved" intertemporally.
Andrew Kliman
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