At 18:15 17/03/2007, Ted wrote:
This misinterprets Marx. Forces and relations of production are
"subjective." They express the degree of development of human
"subjectivity," the degree of "development of the human mind."
"accumulation is nothing but the amassing of the productive powers of
social labour, so that the accumulation of the skill and knowledge
(scientific power) of the workers themselves is the chief form of
accumulation, and infinitely more important than the accumulation -
which goes hand in hand with it and merely represents it - of the
existing objective conditions of this accumulated activity. These
objective conditions are only nominally accumulated and must be
constantly produced anew and consumed anew."
<http://marxists.architexturez.net/archive/marx/works/1863/theories-
surplus-value/ch21.htm>
While I'm sympathetic to your basic point, don't you think you should
mention that the statement you cite is preceded by 'According to
Hodgskin, ....'?
michael
Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
Burnaby, B.C., Canada V5A 1S6
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