[lbo-talk] post Analytical Marxist era

[Mike Ballard]

Yet the basic questions of Bohm Bawerk remain:  e.g., that 
commodities which do not embody labor time have exchange values; that 
it may not follow that if two qualitatively distinct use values as 
embodiments of different kinds of concrete labor can be equalized--to 
use Robert Albritton's phrase-- in terms of the homogeneity of number 
that they must possess some thing in common and that thing
must be abstract social labor; that non-reproducible commodities 
obviously do not
exchange in terms of their embodied labor time;  that products of 
skilled labor seem to exchange at a multiple to products of simple or 
average labor; and  that Marx seems to contradict himself by 
admitting that commodities tend to exchange not in terms of their 
values but what he calls prices of production.

Rakesh
*******************

Which commodities don't possess socially necessary labour time other than those

 from Nature e.g. land and mineral rights, found and possessed through the
legalized ownership enforced by the threat of violence from the State? 
Ownership of the Earth: it's all legalized supply and demand.

The costs of reproducing skilled labour within a particular national framework
of living standards, are reflected in the price of that labour on the market,
no?  For example, the amount of socially necessary labour time in education and
the complete social network of time around it, from janitorial services to
professorial lectures it takes to produce a chemist makes chemists' labour time
more expensive to purchase on the market and that has to be taken into
consideration when one is employing them to produce drugs for profit.  Labour
time goes in to producing skilled labour, like it goes into producing
machinery/robots which then have to be depreciated, so that they can be
educated/built again through the application of labour time.

Mike B)     

Macht kaputt, was euch kaputt macht!
http://www.iww.org/culture/official/preamble.shtml

      Sick of deleting your inbox? Yahoo!7 Mail has free unlimited storage.
http://au.docs.yahoo.com/mail/unlimitedstorage.html