[OPE-L:3630] Re: "Labor Theory of Value"--not used by Marx!

Paul Zarembka (zarembka@acsu.buffalo.edu)
Fri, 8 Nov 1996 06:50:13 -0800 (PST)

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Paul, Is there a Web cite where we can word search Smith and Ricardo? You
make an interesting suggestion. Paul Z.

On Fri, 8 Nov 1996, Paul Cockshott wrote:

> The fact that the term labour theory of value is not used in Marx
> is hardly significant. Do Smith or Ricardo use the phrase either?
> It is a label applied retrospectively to distinguish these thinkers
> from those who came after who had a utility theory of value. One
> can hardly expect them to have had the foresight to distinguish
> themselves from an as yet uninvented theory.
> Paul Cockshott