Re: [OPE-L] monetary macro interpretation

[Fred Moseley <fmoseley@xxxxxxxxxxxxx>]

On Sun, 28 May 2006, Jurriaan Bendien wrote:

> Fred also leaves out taxes, leases and royalties from his discussion of
> surplus value. Logically Marx is committed to the idea that workers may
> perform surplus labour without producing new surplus value.
> I often wonder why Marxists almost never discuss taxation even when it
> represents close to a third of gross value added.


Jurriaan, you are right.  Taxes is also another important part
of the total surplus-value.  I was talking about Marx's abstract
theory in Volume 3 of the division of the total surplus-value into
individual parts, which did not includes taxes.

Thanks for your comment.

Comradely,
Fred