[OPE-L:4856] Re: the new value theory

From: Gerald_A_Levy (Gerald_A_Levy@email.msn.com)
Date: Fri Feb 09 2001 - 06:59:58 EST

Andrew K wrote in [OPE-L:4854]:

> Jerry wrote: "Just as clearly, Marx's theory of value
> can't  reasonably be described as being
> a "new value theory"."
> Not clear to me.  In fact, that's what I meant by the
>  new value  theory.

OK, at least that mystery is solved.

Of course, "new" and "old" are relative and imprecise terms.  Yet, I think
that most would agree that Marx's  19th Century value theory is no longer
"new".  (Indeed,  original editions of his writings are sometimes sold in
antique shops and antiquarian bookstores).

> <snip, JL> It  was a new rediscovery.

I think that "rediscovery"  is an expression that is more in keeping with
what has been said elsewhere about the TSSI by its advocates.

In solidarity, Jerry

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