[OPE-L:4958] value-form question

Gerald Levy (glevy@pratt.edu)
Fri, 9 May 1997 06:18:43 -0700 (PDT)

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A question for those who adhere to the "single-system interpretation":

For those who believe that the categories under analysis are not
trans-historical; and that

a necessary form of appearance of value is as exchange-value, i.e. the
value-form; and that

"money matters" in an interpretation of value; and that

while value is "created" in production by [socially-necessary] labor, the
magnitude of value can be *diminished* in the sphere of circulation prior
to final exchange, but that

value can't be *increased* in the aggregate by the *act* of exchange,

what then is the difference between the above and the value-form

In solidarity, Jerry