On Tue, Oct 30, 2012 at 1:49 PM, Jim Devine <[email protected]> wrote:
> raghu wrote:
> > Why is "Law of Value" a more accurate phrase? Is it a physical law
> > comparable to the Law of Gravitation or the Law of Evolution?
>
> Better Marx scholars than I (e.g., Paul Zarembka) point out Marx used
> this term, except when he referred to others' work (e.g., that of
> Ricardo).

It is perfectly understandable that Marx would want to claim for his
own ideas the intellectual prestige associated with scientific laws of
nature. The real question is whether his claim has merit.


> I see this "law" as more like the "law of demand and supply" than the
> law of gravitation.

Me too. Just like the "law of demand and supply", the "law of value"
does not, in my opinion, merit a term that is commonly associated with
physical laws of nature.



> I don't get the point of capitalizing "Law.")

I capitalized it for emphasis.


> > All of this Marx exegesis and critiques and defenses of the Good Book seem a
> > bit overdone to me. How is this more rewarding or even different from
> > arguing about the Torah or the Quran or for that matter...
>
> I don't like exegeses either. CAPITAL isn't a Good Book like the
> Bible.

A visitor from Mars who observes a Marxist mailing list may fail to
see the difference.

-raghu.
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