[OPE-L:3632] Re: "Labor Theory of Value"--not used by Marx!

Paul Cockshott (wpc@cs.strath.ac.uk)
Fri, 8 Nov 1996 07:42:17 -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

Ricardos Principles of Political Economy are online at


The Wealth of Nations is at
Paul Cockshott