Krugman on Marx

Charles Brown CharlesB at CNCL.ci.detroit.mi.us
Mon Aug 24 13:03:13 PDT 1998


Tom,

I think your interpretation is correct.

Charles Brown

Detroit

Workers of the West, it's our turn.


>>> Tom Waters <twaters at usit.net> 08/13 8:40 PM >>>

On Fri, 14 Aug 1998, Chris Burford wrote:


> Labour is not the source of all value, according to Marx (Critique of the
> Gotha Programme).

I am reading Capital through for the first time right now, so I am raising this question in the hope of learning something -- not to start an argument that I won't be able to finish. It appears to me that the Critique of the Gotha Program says that labor is not the source of all use-values, thus not necessarily the source of everything a person might value. But it does not appear to say that labor is not the source of value, i.e. specifically capitalist value. And the early chapters of Capital do seem to say that labor is just that. In other words, labor is the only source of that by which we can pay a fair price for something in a market. (There are obviously many ways to get something at an unfair price.) If chapters 1 and 6 don't say this, I need help to understand what they do say.

Tom

Thomas Waters twaters at usit.net 1021 East Oak Hill Avenue, Knoxville TN 37917 Dig And Be Dug In Return



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