Re: [OPE] Odyssey and the Peruvian treasure

From: Dave Zachariah <>
Date: Wed Feb 18 2009 - 10:08:42 EST

2009/2/18 Gerald Levy <>

> I agree that it's important to clarify the separate forms in which
> exploitation takes place within different modes of production.[...]
> > Secondly, labour-value is a scalar that measures the social *cost* of
> producing various use-values and
> > is thus relevant for any economy that regulates the quantities of social
> labour in various branches of production,
> > *even* in a large-scale socialist economy.
> That was a point which Rubin made concerning 'socially equalized
> labour'. We don't need to claim that there is 'abstract labour' under
> socialism to make this point and it only, imo, confuses matters [...]

Well, then there is really not a substantive difference on issue between us
here, just a matter of terminology, especially since you agree --- following
Rubin --- that even a socialist economy will have to economize with its
'socially equalized labour'.

//Dave Z

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Received on Wed Feb 18 10:11:26 2009

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