[OPE-L:3887] Re: Surplus-Value vs. Surplus Product

Gerald Levy (glevy@pratt.edu)
Sun, 29 Dec 1996 10:37:15 -0800 (PST)

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Andrew K wrote in [OPE-L:3886]:

> SURPLUS-VALUE" indicates that the "surplus product" may represent something
> other than a positive surplus-value, that is, a zero or negative
> surplus-value.

Declining and/or zero surplus value I can understand. What, though, is the
meaning of "negative surplus value"? Would this mean that labor is
exploiting capital???!!!

> In the next sentence, therefore, when Marx writes that "It can
> represent a DEDUCTION FROM VALUE," the final three words indicate that the
> positive "surplus product" can represent a negative surplus-value.

A deduction from value does not mean that there can be negative surplus

> I can explain all this clearly and simply, with no hocus pocus.
> Assume that corn is produced by means of
> seed-corn and living labor, and that workers are paid in corn, before
> production. <snip>

Hocus pocus.

Had Marx wanted to develop a corn model, he might have written _Das Korn:
A Critique of Agricultural Economics_ (that's an inside joke, right
Andrew? :-)). Don't you think that *money* has to be incorporated into the
model and that c, v, and s all take a monetary form?

In solidarity, Jerry