Re: Marx and value--a potential critique.

[boddhisatva <kbevans@xxxxxxxxx>]

                Hugh,




        Marx, in the three fat books produces a theory which is both
economics and political rhetoric.  Consumers set the price, and therefore the
value of goods since there is no other *real* way to define the value of
goods.  Laborers labor in the hopes of receiving exchange value.  The create
no intrinsic value.  Also use value can only be expressed as exchange value
in a money economy.



        There is clearly and absolutely no such thing as embodied labor.  To
the extent that Marx argues such a point he is clearly and plainly wrong.
Expressing in what way the exchange value of goods can be modified, or is
informed by the conditions of labor is another story.



        Marxism is no place for fundamentalists.





        peace





     --- from list marxism@xxxxxxxxxxxxxxxxxxxxxxxxxx ---