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Wasn't Gide or Rist a marxist as a young man?
Simon Mohun wrote:
> Gide and Rist in their 'A History of Economic Doctrines' (1915) talk of
> 1. Ricardo's 'theory of labour-value... and how it prepared the way for the
> Marxian theory of surplus value' (p.140)
> 2. 'the fundamental theory of Marxism, that of labour-value theory' and
> Marx's 'formal acceptance of the labour-value theory' (both on p.474).
> At 10:37 13/02/00 -0500, you wrote:
> >Geert asked in [OPE-L:2353]:
> >> I would like to know who came up with the term LTV. Was that revealed in
> >> the 1996 OPE-L discussions? I would expect early Austrians, but perhaps
> >> also early left-Ricardians.
> >I don't have an answer yet to your question but the "labor theory of
> >value" was a descriptive term that was widely used in the 1920's. Although
> >von Weiser referred to the "labor theory" in the second edition of _Social
> >Economics_ (1924), I.I. Rubin explicitly refers to a "labor theory of
> >value" both in _Essays on Marx's Theory of Value_ (1928) and _A History of
> >Economic Thought_ (1929).
> >I find Rubin's use of the expression LTV curious since Elson's 1979
> >article on the "value theory of labour" was influenced by her
> >interpretation of Rubin (1928).
> >In solidarity, Jerry
> Dr. Simon Mohun, HoD,
> Dept of Economics,
> Queen Mary and Westfield College,
> Mile End Road,
> London E1 4NS,
> Tel: +44 (0)20 7882 5089; Fax: +44 (0)20 8983 3580
Michael Perelman Economics Department California State University firstname.lastname@example.org Chico, CA 95929 530-898-5321 fax 530-898-5901
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