File spoon-archives/marxism.archive/marxism_1995/95-11-marxism/95-11-30.000, message 71


Date: Tue, 28 Nov 1995 16:08:21 +1000
From: Steve.Keen-AT-unsw.EDU.AU
Subject: Re: Keen on Law of Value


As I've already noted to John privately, my comment that
the example in the Grundrisse "flies in the face of the
theory of value" was rather a facetious paraphrase of Jim Miller's
take on it. As it happens, I believe that the example is fully
consistent with the Law of Value; however, I don't believe that
the Law of Value and the Labor theory of value are one and the
same.

Cheers,
steve


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