[OPE-L:4423] What is Volume 1 about?

From: Alejandro Ramos (aramos@btl.net)
Date: Fri Nov 03 2000 - 09:02:07 EST

Hi Fred: 

>Therefore, the "two system" interpretation of Marx's theory - meaning that
>Volume 1 is about labor-values only and Volume 3 is about money and prices
>- appears to be of more recent origin.  Andrew mentions Abraham-Frois and
>Berrebi in a late 1970s book as the first authors to present the "two
>system" interpretation.  Actually, I think before these guys (whom I had
>never heard of before), there were Medio (1972) and Morishima (1973) and
>Steedman (1977, and before in articles).  And even before that Seton
>(1957) also presented a "two-system" interpretation.  Was Seton the first,
>or was there someone before him?

Check the 3/4 page article by H.D. Dickinson in The Economic Journal,
December 1956. He clearly holds that values are measured in labor time and
prices in money. 

Actually, I can post Dickinson article later on.

Alejandro Ramos

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