Re: Quantifying Values - response to Juriaan

Paul Cockshott (wpc@CS.STRATH.AC.UK)
Thu, 22 Jan 1998 10:21:10 -0000

> However the total 'costs' in this general sense of any given capitalist
> resolve themselves into three parts:
> (1) constant capital, that is, raw materials and machinery
> (2) wages
> (3) profits or surplus value
> In the context of his analysis of productive and unproductive labour, the
> last two are Marx's 'revenues' and the first his 'capital': so when he
> speaks of exchanging against capital, he means an expenditure out of
> constant capital; when he speaks of exchanging against revenue, he means
> expenditure either out of variable capital or surplus value.
> >
I am not sure that this is right. Surely productive workers are
those whose labour power is exchanged against variable capital not
constant capital?