Re: (OPE-L) [Jurriaan on] Unproductive consumption

From: michael a. lebowitz (mlebowit@SFU.CA)
Date: Fri Apr 30 2004 - 00:20:40 EDT

At 17:40 29/04/2004, Paul C wrote:
>The wages of workers in Europe and the US are above the
>value of labour power if this is taken to be the reproduction
>cost of labour. This is born out by the fact that labour can
>be reproduced much more cheaply in India or China.

         Doesn't the set of necessaries underlying the value of
labour-power have something to do with historically developed social needs,
which become second nature?

>It is only a commitment to the working class interest that
>inhibits Marxists from admiting this.

You mean we are dishonest?
Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
Burnaby, B.C., Canada V5A 1S6

Currently based in Venezuela. Can be reached at

Residencias Anauco Suites
Departamento 601
Parque Central, Zona Postal 1010, Oficina 1
Caracas, Venezuela
(58-212) 573-4111
fax: (58-212) 573-7724

This archive was generated by hypermail 2.1.5 : Sun May 02 2004 - 00:00:02 EDT