> Read John Roemer or David Schweickart and stop being silly.
>
Can you give some article/book titles for this?
I'm one of the poor souls out there still trying to form a solid opinion on Marx's way of thinking about surplus value. My Troskyste (as some French people say) flavored education was challenged by a passage in the book by Gavin Kitching that Shag recommends from time to time (Karl marx and the philosophy of praxis). His argument (roughly) is that Marx used an unnecessary accounting trick on surplus value derived from machines because he thought it made his case stronger.
The people you mention seem to have lost their revolutionary fervor with time, plus I've come to trust Carrol's instincts, so it would be great if you could give references and defend them a bit
Yann
>
> ----- Original Message ----
> From: c b <cb31450 at gmail.com>
> To: lbo-talk <lbo-talk at lbo-talk.org>
> Sent: Tue, March 8, 2011 11:13:02 AM
> Subject: [lbo-talk] An Orgy of Speculation?
>
> Dissenting Wren
>
> -clip-
-clip
>
> The problem with Marx's argument is the assumption that investment in
> constant capital only reproduces value, which is doubly nonsense,
> partly due to the incoherence of the notion of value...
> ^^^^^^^
> CB: If the notion of value is incoherent, how are you defining
> "exploitation" and "rate of exploitation in your previous paragraph ?
>
> ^^^^^
> [NB - I won't respond to any of the objections this may elicit]
>
> ^^^^
> CB: giggles
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