[OPE-L:4463] Re: Re: Re: Re: what is Volume 1 about?

From: Allin Cottrell (cottrell@wfu.edu)
Date: Mon Nov 06 2000 - 11:06:05 EST

On Mon, 6 Nov 2000, riccardo bellofiore wrote:

> >Two quick questions of clarification of your very cryptic response:
> >
> >1.  What do you mean by "capital"?
> the production of surplus value for the capitalist class as a whole, i.e.
> the objectification of abstract living labour including a portion of
> surplus (and unpaid) labour
> >
> >2.  What questions are analyzed in the theory of the "process of
> >*production* of capital"?
> capitalist production as the production of surplus value, i.e. the origin
> of gross profits
> >
> >Are there no quantitative variables determined?
> yes, total living labour and total necessary labour: i.e. the total
> exploitation time of the working class, and the total labour time embodied
> in the goods left available to workers....

I agree with Riccardo's statements here and in the rest of his
posting.  Fred posed some questions to me, but I'll just sign
onto Riccardo's answers!

Allin Cottrell.

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