[OPE-L:5288] Re: ideal vs. real value

Chai-on Lee (conlee@chonnam.chonnam.ac.kr)
Wed, 18 Jun 1997 01:52:24 -0700 (PDT)

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At 06:22 97-06-17 -0700, Jerry wrote:

>My own opinion (it's too bad Steve K isn't on the list anymore) is that
>the de-emphasis of the category of use-value was a response to the
>marginalists. I.e. ,*after Marx* (perhaps beginning with Kautsky and
>Hilferding), once Marxists were confronted with the marginalist assault,
>they too frequently reacted by, in effect, throwing use-value overboard
>in an attempt to differentiate their theory from subjectivist theories
>of value.
>

Chai-on:
--------
Quite! I made a mistake in the last post. To the definition of commodity,
neither value nor use-value is crucial. But the value-form is the most
crucial because the non-labor products that have no value can take the
value form being sold and bought with money.

Sometimes, ill trained customs makes me to commit such mistakes.

In solidarity,

Chai-on