Re: Marx chapter/hedonic prices

[keen@xxxxxxxx]

Vicenc poses the question on surplus garnered from machinery:

"Does the one who organises production deserve a rate (of profit) on the
resources -both kinds of labour- employed, or is it only a thing that happens
and you have to go through it to relate these resources to prices?"

The latter--there's no question of capitalists implicitly "deserving" profit. I
still enjoy Marx's humour on this point:

"'Have I myself not worked? Have I not performed the labour of superintendence
and of overlooking the spinner? And does not this labour, too, create
value?' His overlooker and his manager try to hide their smiles."

Cheers,
Steve