[Marxism] A critical article by Cockshott - no context for quote from Engels

Charlie charles1848 at sbcglobal.net
Sun Feb 17 16:50:26 MST 2013

DNA metaphor aside, the bare quote from Engels has almost nothing to do 
with the subsequent value theory of Marx. As _not_ included in the 
quote, Engels in 1843 roughly meant use-value for "utility," and you 
know the distinction that Marx drew between use-value and value. The 
quote contributes nothing to a critique of Cockshott's concept of value.

On Feb 17, 2013, at 3:26 PM, Charlie wrote:

     Shane Mage wrote: "Value is the relation of production costs to 
utility." (Engels) What is the point of a bare quote from Engels without 
its 1843 date, before Marx and he had studied value theory in depth?

Shane Mage replied:
     Because it was the initial formulation of their value theory, the 
DNA- containing seed out of which their whole theoretical tree grew. 
(like the "scenes from Faust" that Berlioz wrote at the same age, out of 
which the whole magnificent structure of the "Damnation" grew).

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