Date: Thu, 31 Jul 1997 22:35:01 +0100 From: Chris Burford <cburford-AT-gn.apc.org> Subject: Re: M-TH: Info revln/Use value At 12:56 PM 7/31/97 EDT, Boddhi wrote: > > > > > To whom..., > > > Will anyone react to my point that "value" in and of itself may be >a prejudicial term? Value implies something definite. If value were >instead looked at as a probabilistic potential, it might save a lot of >worry. I mean, we talk about "abstract" labor and real value - between >the abstract and the real is the probable. In 1983 E Farjoun and M Machover wrote "Laws of Chaos, A Probabilistic Approach to Political Economy", Thetford Press, Norfolk. Moshe Machover disclaims much ownership over the word "chaos" in the title, attibuting it to the publishers, but the book is an exercise in applying probalistic calculations to marxist political economy, for the first time. Since the whole universe consists of probabilities, I do not see such an approach as overcoming anything "prejudicial". I do not see why the term "value" impies something "definite" if by definite Boddhi implies something that is immune from probability. Chris Burford London. --- from list marxism-thaxis-AT-lists.village.virginia.edu ---
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