[Marxism] Fwd: Special Page at Monthly Review (My reply to Heinrich) Part I
mnwps at hotmail.com
Mon Dec 2 14:40:44 MST 2013
Not wishing to appear pedantic here but merely hoping to dispel any possible confusion.
Shane's formula for the organic composition of capital (which, of course, is a value relation; a value composition) is given as C/(s+v) at the bottom of part 1. I make no claims whatsoever for being better versed in Volume 3 than Shane. However, my formula for the organic composition of capital would be c/v. S (surplus value) is not, as I have read Volume 3, part of this value relation. c/v is consistent with volumes 1 and 2 of Capital.
Of course, I always reserve the right to be wrong and to be educated by my fellow communists.
Take it easy (favourite motto of Engels)
Doubt everything (favourite motto of Marx)
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