Re: LOV and LTV

[Chris Burford <cburford@xxxxxxxxxx>]

At 06/02/02 20:10 -0800, you wrote:
> This definition of course does not capture the systemic and dynamic
> features which Chris B is attempting to build into his definition.


"The law of value of commodities ultimately determines how much of its
disposable working-time society can expend on each particular class of
commodities."


V  Vol I  Ch 14    Sec 4



And how could Marx define the "absolute general law of capitalist
accumulation" in the way he does in Ch XXV if his theory of value was not
a) dynamic
b )systemic?



Mine is not an overimaginative reading of the overall thrust of Marx's
approach, (although unimaginative readings of Marx's theory are more than
possible).


Chris Burford