Re: [OPE] Law of value and abstract labour

From: Paul Zarembka <>
Date: Thu Dec 11 2008 - 17:17:42 EST

If Marx was interested in the law of capitalist competition, why does he
EXPLICITLY exclude it from consideration in Vol. 1, Chp. 12?

  "It is not our intention to consider, here, the way in which the laws,
immanent in capitalist production, manifest themselves in the movements of
individual masses of capital, where they assert themselves as coercive laws
of competition, and are brought home to the mind and consciousness of the
individual capitalist as the directing motives of his operations."

Paul Z.

--On 12/11/2008 9:08 PM +0100 Jurriaan Bendien wrote:

> Karl Marx never claimed to have "discovered" the law of value, and he
> considered the basic idea of it so obvious, that he thought it was hardly
> very interesting in itself - rather, he was interested in the interaction
> of the law of value with the law of capitalist competition, the latter
> which had "hitherto never been explained by political economy".

(Vol.23) THE HIDDEN HISTORY OF 9-11 Seven Stories Press soft, 2nd ed. 2008
(Vol.24) TRANSITIONS IN LATIN AMERICA ~~~Research in Political Economy~~~

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