Re: [OPE] Understanding value (reply to Michael Heinrich)

From: Dave Zachariah <>
Date: Mon May 04 2009 - 17:48:57 EDT

howard engelskirchen wrote:
> You must develop forms of economic and social calculation appropriate
> to the socialist project.

Indeed, but the "value-form" argument dispenses one way to do so that
was explicitly considered by historical figures such as Karl Marx and
Robert Owen.

> Otherwise the law of value continues to operate behind the back of
> producers and we become aware of the law of gravity when the house
> falls around our ears.

I think this is a mistaken conclusion: it is one thing whether economic
mechanisms operate in way that conceal social relations, it is quite
another thing to explicitly compute the labour required to produce goods
and services for the purpose of conscious planning and allocation of
social labour.

Evaluating labour-values does not necessarily imply a market mechanism.
(And this is precisely the blind spot of the value-form argument.)

//Dave Z
ope mailing list
Received on Mon May 4 17:54:09 2009

This archive was generated by hypermail 2.1.8 : Sun May 31 2009 - 00:00:03 EDT