[lbo-talk] law of value

[Carrol Cox]

"The interpretation of Marx's _Capital_ that sees it as primarily a
theory of a rified pure capitalism no doubt goes against the grain of
those who want to move easily back and forth between capital's logic and
history. The levels of analysis approach that I am advocating radically
problematises this relationship, requiring entirely new levels and ways
of theorising.

"The theory of a purely capitalist society is in no sense an _a prior_
construction. It is a refinement of Marx's _Capital_, which is rooted in
history in the sense that it could not have been written before the
nineteenth cewntury. But the theory of a purely capitalist society is
not the theory of any actual historical society, but is an abstract
society based upon extending to completion in theory capital's own
self-reifications in history."

	Robert Albritton, _Dialectics and Deconstruction in Political Economy_,
pp. 45-46

"The theory of pure capitalism and the Marxian political economy based
on it breaks sharply with all forms of historicism that emphasize the
radical contexuality and cultural relativity of all knowledge."

		Albritton, p. 46

Carrol