| This question <99|66> overall <100|102> Hans: <100|111>. |
| Question 205: How does the General Equivalent form of value express the labor represented in value not only negatively but also positively? |
| [101] Hans: Marx has no intentions to become a neoclassical economist. For Tincup [87], the negative aspects are those where Marx differs from neoclassical economics, and the positive aspects are those where he thinks Marx is consistent with the neoclassical theory that money is just an instrument to facilitate the exchange. |
| The labor theory of value does not, as Tincup suggests, lead to to the following absurd conclusion: |
| A commodity like linen will have more value in winter than in the hot months of summer, therefore in the summer months the labor to make linen would be less. |
| There are other alternatives: maybe less linen will be produced in the summer but it will be sold at the same price, or linen has seasonal price fluctuations which average out to a price reflecting its labor content. Perhaps my [100] clarifies a little how the labor theory of value can be consistent with free market choice by the consumers. |
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