(OPE-L) Re: capitalists awareness of the origin of surplus value

From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Sat Dec 06 2003 - 09:00:09 EST

Hi Paolo.  I haven't forgotten your Tuesday, December 2, message.

I think that in both of the instances you cite, Marx was explaining
different aspects of capitalist reality. On the one hand, the market
tends to obscure and mystify the origins of surplus value to _all_.
On the other hand, capitalists on some level -- in perhaps mystified
form -- have _class consciousness_.   Class consciousness presumes
that members of the capitalist class are able to identify and act to further
areas of mutual interest and that requires at least on some level a
recognition of the origin of surplus value. How else could they effectively
strategize about their class interests?

Within the context of the section of Volume III that you cited,
capitalists, through the formation of the general rate of profit
and prices of production,  each receive a "share" of the total
surplus value even though they are "hostile brothers" in competition.
Within that context, banking capitalists who might not employ
variable capital or capitalists who only engage in speculation
would receive a share of surplus value produced in the circuit
of industrial capital.  One can receive a share of surplus value
without any surplus value being produced by your workers. In this
section, capitalists are still wearing 'character masks' and are not yet
given the attribute of class consciousness, imo.

Where then in the ordering of the presentation would capitalists
-- and the working class --  have class consciousness?

In solidarity, Jerry

This archive was generated by hypermail 2.1.5 : Sun Dec 07 2003 - 00:00:00 EST