[OPE-L:3631] Re: "Labor Theory of Value"--not used by Marx!

Michael Perelman (michael@ecst.csuchico.edu)
Fri, 8 Nov 1996 07:41:41 -0800 (PST)

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This website has Smith, Ricardo and much more.


Paul Zarembka wrote:
> 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

Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5321
E-Mail michael@ecst.csuchico.edu