[OPE-L:3462] shadow prices

From: Paul Cockshott (wpc@dcs.gla.ac.uk)
Date: Fri Jun 09 2000 - 06:10:41 EDT

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   I think Marx just can't quite get himself (though he comes awfully close)
to say that only with price measurement does the object acquire the
property that is being measured. Heisenberg seems to have tried to escape
the paradoxes of quantum theory with a return to aspects of Aristotlean
metaphysics (criticized by Lindley in End of Physics). I think Marx may be
in the same trap.

There is a really quite a bit to think through here, and this is just a
preliminary reply which may not be coherent. If so, I apologize in advance.

I dont see that it is really necessary to make allusions to quantum effects
in discussing value. We are dealing with macroscopic phenomena, and any
uncertainty in measurement can be dealt with using classical probability

More generally though, the position that things only exist when being
measured is the standpoint of Machist/ positivist interpretations of the
sciences that developed at the turn of the 19th/20th century. If one is
sympathetic to such interpretations there may be a temptation to read
them back onto Marx, but this is surely an anachronistic exercise. In doing
so you put yourself at odds with the more orthodox interpretation of
Marxism as a variant of philosophical materialism, which, in the philosophy
of science has opposed the Machist/positivist position.

If one takes this position one is ruled out from using imputed values,
i.e, assigning values to internally produced means of production.
Having such values is pretty much essential to any detailed value

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