Paul Cockshott wrote: > I am not critical of Marx for assuming that prices are the same as values. I > think it a quite justified assumption since the deviations of prices from > values are in the main small and randomly distributed, and thus if you take a > bundle of commodities such as the total wage bundle, prices and values will > correspond to within 1% or 2% if we exclude the possible effect of absolute > ground rent.
I wasn't critical of Marx "for assuming that prices are the same as values." It's part of his method of abstraction.. Rather, what I said was: >Marx _asserts_ that "there is immanent in capital an inclination and constant tendency, to heighten the productiveness of labor, in order to cheapen commodities, and by such cheapening to cheapen the laborer himself." But the last part doesn't follow automatically if labor productivity rises only in the luxury goods sector< as I note, that's not an important problem. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
