[lbo-talk] The zen of marx (was clarification)

Lakshmi Rhone lakshmirhone at gmail.com
Mon Feb 15 15:19:54 PST 2010


On Mon, Feb 15, 2010 at 11:06 AM, Alan Rudy <alan.rudy at gmail.com> wrote:


> Lakshmi:
> Marx approaches the world differently than you, Barry and Sen do. If you
> are interested in listening to an exceptionally good course on Volume I,
> you
> can start with the podcasts here: http://davidharvey.org/reading-capital/
> Yes, I meant that the abstraction Value (capital V) determines the value
> (little v) of a commodity, though not its price.

Then what is the relation between value and price? I thought that all the available evidence suggests that the connection is in fact robust. It seems to me that you are retreating to a world of scholastic distinctions though the theory is meant to give us a purchase on the real world dynamics of capitalism.


> Understanding the
> abstraction usually necessitates reading Marx.
>

I think what you are really saying is that only people who can understand abstraction can read Marx and that I am too dumb for you to actually waste your time on! I can't listen to 40 hours of lectures on Marx right now.


> Your approach conflates individual exchanges of money for commodities with
> the structural dynamics of capitalism,

How are the structural dynamics connected to those individual exchanges?

LR


>
>



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