Re: [OPE-L] [Fwd: Re: [OPE-L] questions on the interpretation of labour values]

From: Pen-L Fred Moseley (fmoseley@MTHOLYOKE.EDU)
Date: Sun Mar 25 2007 - 10:07:52 EDT

Quoting glevy@PRATT.EDU:

>>>> I think that this is the most important advance in Diego's recent work
>>>> - developing Marx's theory beyond Capital to lower levels of
>>>> abstraction, at which the initial given (and unchanging) magnitudes of
>>>> C and V are explained more fully. <<<<<<<<<<<
>>> Which work(s)  by Diego are you referring to?
>> His recent postings on OPEL and a recent paper that he has circulated
>> and discussed on OPEL.
> Fred:
> I assume you mean the 1st (1/07) draft of "The labour theory of value,
> and the double transformation problem" at:
> <>
> Diego did not circulate his paper on the list but he did provide the
> above url.  I'm still not sure _which_ levels of abstraction you are
> referring to when you say "lower levels" ....

lower levels of abstraction at which the long-run center-of-gravity
prices may have unequal rates of profit, at which unproductive labor is
taken into account, and taxes, etc.

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