[OPE-L:190] Re: the book on wage labor

Iwao Kitamura (ikita@st.rim.or.jp)
Mon, 2 Oct 1995 07:28:19 -0700

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On Sun, 1 Oct 1995 14:03:49 -0700 John wrote:
>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
Could you show me a reference that the gold producing labor is the only
concrete labor that is immediately abstract for Marx?
I thought that even the labor contained in producing gold cannot be abstract
via the process of exchange as the universal equivalent. (of course, under
the hypothesis that gold is a money commodity)

Iwao Kitamura
a member of theoretical study group
Socialist Association (Japan)
E-mail : ikita@st.rim.or.jp
personal web: http://www.st.rim.or.jp/~ikita/