Saturday, August 27, 2011

distinctions clarfied labor capacity...productive use value creating laboring itself and the " suspension of exchange "

"If Ricardo had applied his own principle, the amounts of (simple) labour to which the different labour capacities are reducible, then the matter would have been simple."

" Generally, he is concerned straight away with the hours of labour."


" What the capitalist acquires through exchange is labour capacity: this is the exchange value which he pays for."

" Living labour is the use value which this exchange value has for him,
 and out of this use value springs the surplus value..."


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undigested final fragment
" ...and the suspension of exchange as such" ????

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re inserting

"Because Ricardo
" Generally...is concerned straight away with the hours of labour."and " allows exchange with living labour"

" -- and thus falls straight into the production process --"

it remains an insoluble antinomy in his system
that a certain quantity of living labour does not = the commodity which it creates,
in which it objectifies itself,

although the value of the commodity = to the amount of labour contained in it "