> Date sent: Tue, 21 Oct 1997 13:28:46 -0700
> Send reply to: [EMAIL PROTECTED]
> From: James Devine <[EMAIL PROTECTED]>
> To: [EMAIL PROTECTED]
> Subject: theory of societal wealth
> Ricardo writes: >I think we can leave asi
In response to Ricardo's quotes from Marx, I had written: >> but labor
still plays a role. Who repairs and programs the machines? Isn't
supervision a kind of labor?<<
Ricardo Duchesne replies: >That's right. The question then is: if this is
the only role labor is playing, how can we continue to
price (and the idea that
individual prices should and can be mathematically derived from individual
values). It's always good to be clear what one is discussing, attacking, or
defending. To make it clear what I'm talking about when I talk about the
"labor theory of value," I'