political implications of labor theory of value

Doug Henwood dhenwood at panix.com
Wed Nov 2 11:00:39 MST 1994


I agree entirely with Fred Moseley that value is essential to the
argument that workers are exploited. No quarrel there. But why then do we
need the billions of pages and trillions of equations on the
transformation problem, relative prices, and the rest?

Doug

Doug Henwood [dhenwood at panix.com]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)



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