[lbo-talk] on the transformation problem

Mike Beggs mikejbeggs at gmail.com
Wed Jul 21 15:44:32 PDT 2010


On Thu, Jul 22, 2010 at 2:36 AM, Angelus Novus <fuerdenkommunismus at yahoo.com> wrote:


> It's a theory of how social labour is allocated in a capitalist society.  Carrol's suggestion of Perlman is a good one, so let's turn to him, shall we?

I like how Diane Elson put it: it's a value theory of labour, not a labour theory of value. (To which someone responded, 'is all this theory labour of value?')

Mike Beggs



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