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Date: | Thu Jul 20 15:24:48 2006 |
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"Value was considered as objective, as an intrinsic
quality inherent in things and not merely as the
expression of various people's eagerness to acquire
them"
"It seriously vitiated the marvelous achievements of
the classical economists and rendered the writings of
their epigones, especially those of Marx and the
Marxian school, entirely futile"
Marx in Das Kapital did not considered value as an
objective, intrisinc quality inherent in things.
Rather, for him value was a social thing, which exist
as if it be an objective one (that's what he would
call, a few pages later and with some additional
features, fetishism of commodity).
Besides, Marx has distinguished value from exchange
value and use value. An it was what he called abstract
labor that was, for him, value (or the ground for
value). If bastract labor is an social result of the
market, then value is a social result too.
Of course, people need to value thing differently.
Marx has recgonized this when he wrote about use
value. Another necessary condition for value was the
existence of a social need for it (a market demand)
that must be met through trade.
Regards,
Manoel Galdino Pereira Neto
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