Charles, you write > >CB: Your argument for this is probably in your previous posts, but could you >reiterate it ? Does it follow from something else that surplus value is a >necessary condition for profit ? Marx makes surplus value part of the >definition of profit. >
First things first: where does Marx make surplus value part of his definition of profit? > > It could with equal (non-) logic be said that profit has a "role" >in the creation of surplus value. Similarly, it does it follow that >"value... is fundamental to price, in the sense that prices and profits >depend on what happens in the sphere of value." > >^^^^^^^ > >CB: Is that "does not follow..." ? Yes Gil
