On Tue, Nov 30, 2010 at 1:35 PM, Jim Devine <[email protected]> wrote:

> the Sandwichman:
> > Rob Bryer is an accounting professor at the University of Warwick in the
> > U.K. In a 2006 article, "Accounting and the Labour Process," Bryer argued
> > that Marx's analysis can best be understood from an accounting
> perspective.
> > Double-entry book-keeping was the technology that enabled the domination
> of
> > labor to pass from the subjective master/slave, lord/serf relationship to
> an
> > objective balance sheet driven one between abstract capital and social
> > labor.
>
> this is what I've been saying for ages: "values" represent a
> true-by-definition accounting framework. As such, values cannot be
> seen as being in the same theoretical category as prices. Nor should
> anyone try to "derive" prices from values. Deviations between values
> and prices are just as important to Marx as are the similarities.
>
> In some ways, the price vs. value contrast is like the one between
> private costs and social costs.
>
>
We agree.

-- 
Sandwichman
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