On May 8, 2013, at 2:11 PM, Julio Huato wrote: > Added note: > > The distinction -- which I believe Hilferding, Bukharin, et alia > introduced among Marxists -- between an "objective" theory of value > and the "subjective" one attributed to the doctrine later known as > "neoclassical," only makes any sense if "objective" is meant in the > sense that value is *socially* objective.
One of the founders of that "subjective," "Austrian," theory of value, Friederich von Wieser, declared that this subjective theory is, in fact, "the value theory of communism" precisely because only in a communist society marked by thoroughgoing equalitarianism would the crucial assumptions underlying the theory be valid! Shane Mage "All things are an equal exchange for fire and fire for all things, as goods are for gold and gold for goods." Herakleitos of Ephesos, fr, 90 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
