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S. Artesian wrote:
> 
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> Rule #1: YOU MUST clip all extraneous text when replying to a message.
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> 
> 
> I've overposted, but I just have to answer this one:
> 
> "The Marxian Law of Value, I think, is the keystone upon which all other
> Marxian assumptions rest. It's the theory that helps explain the division
> of labor's product, the accumulation of capital and the class struggle,
> among other things. Take it out and the entire edifice of Marxian
> socialism
> collapses."
> __________
> 1.How does the law of value come into being?  How is it created?

The MLV is a theory that explains the accretion and division of use and
exchange values created by the social relationship of owners and salaried or
wage
workers in the context of a society ruled to some extent by the institutions
of
private property and profit.

More? Okay, the MLV is not the thing itself but the abstract, analytical
description of
of the thing. That is, the various phenomena that take place during, before
and after
the economic interaction between salaried employee and propertied business
person.


2.  Does the law of value exist universally and eternally, or is it 
> historically specific to a certain social organization of labor?

No.

I mean "yes".

I mean "no" and "yes".

You know what I mean, I guess.



3.  Does the law of value produce capitalists and proletarian, or does the 
> organization of these classes produce the law of value?

It's the "chicken and the egg" question that always gets me! Damn your eyes!

Have you ever watched a chicken lay an egg? I mean, right there, in front of
your eyes? Did you observe how her tiny little puckerhole widened and
distended to horrendous proportions just to let out a fragile, white--almost
translucent--container with an embryo inside of it?

That's when you realize who came first, sir.


4. What is the essential condition for private property to become capital? 

That it be utilized for the production and reproduction of new use and
exchange values and
surplus values by the direct and indirect application of mental or physical
labor which,
in themselves, are or become values.


What is necessary for labor to appear as wage-labor.

Wages?


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