"Natural elements entering as agents into production, and which cost nothing, no
matter what role they play in production, do not enter as components of capital,
but as a free gifts of Nature to capital, that is, as a free gift of Nature's
productive power to labour." Vol. 3, p. 745 (International edition) 

-----Original Message-----
From: Doug Henwood [mailto:[EMAIL PROTECTED]]
Sent: Monday, September 25, 2000 1:56 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:2244] Re: Re: Re: Re: the labor theory of value


[EMAIL PROTECTED] wrote:

>In a message dated 9/23/00 8:44:06 AM Eastern Daylight Time, [EMAIL PROTECTED]
>writes:
>
><< The only other relevant question is whether labor creates value. For those
>  who think not, they do not belong on PEN-L, but that's just my opinion.
>
>  Louis Proyect >>
>
>Lou loves to draw demarcation lines and push people over the other side of
>them. What about people who think that labor creates some value, but not all
>of it? Is there a percentage of value that you have to believe that labor
>creates before you should be admitted to Pen-L? --jks

Wasn't Marx himself critical of the notion that only labor creates 
value? I recall something about nature being a partner in the 
enterprise.

Doug

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