And, btw, who on the planet DOESN'T count work hours as their first and foremost concern, whenever the issue arises? "How long will I be working for you to earn the money you offer?"
> -----Original Message-----
> From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
> On Behalf Of Carl Remick
> Sent: Tuesday, April 05, 2005 1:30 PM
> To: lbo-talk at lbo-talk.org
> Subject: Re: [lbo-talk] Delong puts the smackdown on ol' Whiskers
>
> >From: Doug Henwood <dhenwood at panix.com>
> >
> >It's weird - Brad picks a pretty wacko example, admits its kind of wacko,
> >but then claims it's important and conclusive anyway. Why does Marx make
> >smart people do silly things?
>
> Dunno, but I'm inclined to do something silly by uncharacteristically
> saying
> a good word on BDeL's behalf. I think there is something to his
> conclusion,
> i.e.: "If you want to make a compelling criticism of economic and social
> relationships, you cannot do so by saying that there is Marxian
> 'exploitation' --which exists wherever workers are paid less than the
> average product of labor. You have to, instead, inquire into the origins
> of
> the wealth and property rights on which the proprietor class's income is
> based. The labor theory of value is simply a red herring."
>
> Carl
>
>
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