On Sun, Jul 22, 2007 at 09:22:30PM -0400, Doug Henwood wrote:
>
> On Jul 22, 2007, at 7:04 PM, James Heartfield wrote:
>
> > I can't help feeling that Rakesh gives too much ground to the idea
> > that
> > exploitation is unjust. I think Marx is very clear when he says
> > that labour
> > power is paid at the proper rate.
>
> I've long thought that Marx was being ironic about this - that labor
> power is paid at a "just" rate is just evidence of how preposterous
> the notion of capitalist justice is (liberty, equality, and Bentham).
> The notion that the value of labor power is its cost of reproduction
> makes sense under bourgeois norms, for sure. Why else should we care
> about exploitation if it isn't unjust?
>
> Doug
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-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com