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Re: query



Jim,

    A good and serious question, something I have been wondering about for years.  I await Pen-L's wisdom.

Incidentally, I hope to post later today about a Sasha Lilley  interview on Against the Grain with Jonathan Nitzen who makes a strong frontal attack on the labor theory of value.  Stand by.

Gene Coyle

Devine, James wrote:

Someone quoted Marx:

>>As soon as labour in the direct form has ceased to be the great
well-spring of wealth, labour time ceases and must
cease to be its measure, and hence exchange value must
cease to be the measure of use value.'<<

 

In the context of the Grundrisse, is Marx referring to a tendency that actually is realized -- or may someday be realized -- under capitalism?

 

It seems to me that there exist counter-tendencies under capitalism that would prevent this from happening in practice.



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