Nonfiction 4

Capital & Class. - 1982. - Issue 17 by Conference of Socialist Economists

By Conference of Socialist Economists

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Extra resources for Capital & Class. - 1982. - Issue 17

Example text

My feeling however, is that this rejection is more deeply rooted. Even if these arguments were dismissed, the 'Sraffians' would stick to their idea that value is unnecessary ; they would find new arguments . And the `Marxists' would do the same the other way round . . My opinion, which will be variously characterised as disillusionment or as realism, is that such matters can never be finally settled, when they hang on the question of fundamental premises . If proving the validity of a theory implies forcing opponents to accept the superiority of the new theory, then such matters are not open to proof.

The second and more substantive one refers to the different idea that this requirement universally proceeds through the measurement of the labour embodied in products . In his book Lippi sometimes confuses these two levels . Having already been accused of this after the publication of his book in Italian, he takes the matter up again in his post-script to the English edition . Here he asserts that the general law is such only in a very special sense : `It is not that all modes of production actually conform to the law ; rather it is the central characteristic of the society towards which the historical process that embodied these modes of production is evolving' (129) .

Two factors account for this state of affairs . First, the authors who could be ranked under this banner do not agree among themselves, even on the definition of basic concepts . Second, the content of the views defended changes radically in a short space of time . The French situation is typical here . Those authors who initiated the critical revision of Marx and the new interpretation, like Benetti (1974, 1980), Cartelier (1976, 1980), Fradin (1973), Deleplace (1979), have now changed their minds and advocate dropping all reference to value!

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