[OPE-L:6330] Re: Re: Re: recent science and society and Fred M's interpretation (fwd)

From: Patrick L. Mason (pmason@garnet.acns.fsu.edu)
Date: Wed Jan 16 2002 - 13:59:32 EST

There are many different types of Marxists, just as there are many 
different types of Keynesians.

Some Marxists are only concerned with the political conclusions that are 
usually associated with Marx's work (independently of whether Marx or Lenin 
or Engels or Sweezy or .... is the origin of the conclusions).

When it comes to understanding Marx's economic thought, I agree with 
Rakesh's point regarding the law of value and Marx.

What made Marx a Marxist?

1. Marx thought his most important contribution to political economy was 
his distinction between labor
     and labor power.

2. Marx is able integrate macroeconomics (FROP, reserve army of unemployed) 
and microeconomics
    (prices of production) through his use of labor values.

Can the labor/labor power distinction be made without Marx's law of value? 
Is it possible to move between microeconomic and macroeconomic analysis in 
a systemic fashion w/o law of value?

peace, patrick

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