>
> Matthias Wasser:
>
> > I agree 100%. My only interest here is in how the world actually works,
> > so if value theory is just a moral critique masquerading as political
> > economy, I don't want to waste my time on it. But if it is political
> > economy I want to understand how it operates, whether it actually
> > corresponds to reality, &c.
>
> It's neither, so you're posing a false dichotomy.
>
By "political economy" I don't mean anything that excludes "how social labor is allocated in a capitalist society." I know that Marx knows (along with everybody else) that supply and demand determine price.