[OPE-L:5270] the 'estimation' of use-value

From: Gerald_A_Levy (Gerald_A_Levy@msn.com)
Date: Mon Mar 26 2001 - 11:14:25 EST

Re the on-going discussion with Steve K over
whether use-value can be expressed quantitatively:

"[Given that the commodity is bought by the
buyer not because it has value but because it
is a 'use-value' and is used for determinate
purposes, it is perfectly self-evident, 1. that
use-values are 'estimated' [geschaatzt], i.e.
their *quality* is investigated (just as their
*quantity* is weighed, measured, etc.) ....]"
("Marginal Notes on Adolph Wagner's
'Lehrbuch der politischen Okonomie'",
_Theoretical Practice_,  Spring 1972,  p. 53).

[NB: in the original both 'use-value' and
'estimated' appear as above with quotation

Note here that this 'estimation' of use-value
does not mean that use-value as such has a
quantitative dimension. Rather, it means -- it
seems to me -- that the prospective use-value
is *accessed* -- i.e. there is an 'evaluation' of
quality --  prior to the sale of the commodity
by the prospective buyer.  As what is being
accessed ('investigated') is *quality* that is to
be used for *determinat*'  (individual, specific) purposes, there is no
standard magnitude that can
serve as a measure of  the 'estimation'  of

In solidarity, Jerry

This archive was generated by hypermail 2b30 : Mon Apr 02 2001 - 09:57:30 EDT