[OPE-L:187] RE: the book on wage labor

Michael Perelman (michael@ecst.csuchico.edu)
Sun, 1 Oct 1995 14:52:36 -0700

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> >
> It seems to me that once again we are into one of the problems of CAPITAL
> -- the measurement of abstract labor. For Marx, the only concrete labor
> that is immediately abstract is the labor that produces gold, the universal
> equivalent. For me, that means that other concrete labors become abstract
> only via the process of exchange. To add up the concete labor times in
> society might be an interesting exercise for those studying to be modern
> economists but I am unclear about what this has to do with Marx's efforts
> John
If nobody else is interested, I will drop the subject, but it has to do with
the extent to which the method of Capital is quantitative, qualitative, or

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 916-898-5321 E-Mail michael@ecst.csuchico.edu