Whaddya want from the Village Voice?
Sid Shniad
>
> You know, the single thing that finally pissed me off enough to get me to
> read Marx's <Capital> and see for myself so many years ago -- like so
> many others, in a small group of similarly disgruntled economics grad'
> students -- was this phrase I kept seeing in all the textbooks & hearing
> from all my prof's (and I quote here from the original e-mail text, written
> by Sif Schniad? Michael Perelman? whom...?): "Marx was clearly mistaken
> on several points, including his theory that labor is the sourc
> e of value
> and his predictions about the demise of capitalism and the withering away
> of the state." Yep, I got tired of the same all-too-easy and all-too-predictable
> dismissal of the old guy as having been right about so-and-so but, as we now
> know from the superior vantage point of economic theory in this advanced
> age, wrong about these other, let's face it, far more important matters.
> And now, after all these years I still haven't learned (perhaps pen-l'ers
> will help me here) just what is t
> he source of value if not labor? and exactly
> why will capitalism, unlike previous systems, live forever? (OK, never mind
> the one about the withering of the state). Any help on this? (Yeah, there's
> <always> some crank who'll rise to the bait!)
>
> Cheers -- Eric Schutz
>
>