[OPE-L:3663] Re: Re: cost-price

From: Rakesh Bhandari (bhandari@Princeton.EDU)
Date: Mon Aug 14 2000 - 15:01:18 EDT

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So when in TSVII, p. 214, Marx refers to "prices of production or cost
price", this should be read to mean that in Capital vol 3 he meant the same
thing by these two terms. Cost price means in Capital 3 the cost to the
capitalist of the production of a commodity (the capital advanced) and
thankfully John and Fred agree with me does not include profit. Indeed it
is the basis on which profit is appropriated.

Best, Rakesh

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