Re: use-value

1994-03-14 Thread Jim Devine
On the question of whether use-value is quantitative or not, I won't say anything. Hugo Radice said what I wanted to say. But I don't think use-value is irrelevant to Marx's political economy. He abstracts from it at the beginning of CAPITAL. All that's necessary is that a

Re: use-value

1994-03-14 Thread Jim Devine
On the question of whether use-value is quantitative or not, I won't say anything. Hugo Radice said what I wanted to say. But I don't think use-value is irrelevant to Marx's political economy. He abstracts from it at the beginning of CAPITAL. All that's necessary is that a

quantifiability of use-value in Marx

1994-03-14 Thread HKR
The use-value of labour-power is not that it IS a quantity exceeding its own (exchange)-value, but that it is a SOURCE of a quantity of value exceeding its own EV, as one of Steve Keen's Marx quotes makes clear. In addition, LP is only a POTENTIAL source of value (and thus to an unquantif

quantifiability of use-value in Marx

1994-03-14 Thread HKR
The use-value of labour-power is not that it IS a quantity exceeding its own (exchange)-value, but that it is a SOURCE of a quantity of value exceeding its own EV, as one of Steve Keen's Marx quotes makes clear. In addition, LP is only a POTENTIAL source of value (and thus to an unquantif