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Duncan, Marx also acknowledges Aristotle as a source of the problematic
claim that exchange expresses a relationship of equality (as opposed to
equivalence). I wonder if Meikle notes that connection as well.
>I've been reading a very interesting book, Aristotle's Economic Thought, by
>Scott Meikle (Clarendon Press of Oxford University Press, 1995: ISBN
>Meikle is very well-read in Marx and carefully relates Aristotle's texts to
>Marx and Marx to Aristotle. Two very interesting points he makes are that
>Aristotle is the source of the C-M-C' versus M-C-M' distinction, and that
>Marx's discussion of the dialectic between use value and exchange value is
>largely organized around Aristotle's categories and discussion.
>>From Meikle's point of view, Marx thought Aristotle had pretty much solved
>the value problem except for his inability to see that labor was the source
>of value. This takes us back to our recent discussion of the labor/value
>issues and to the ongoing discussion of the "value form" theory.
>Duncan K. Foley
>Department of Economics
>New School University
>65 Fifth Avenue
>New York, NY 10003
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