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This folder includes:
Handwritten note cards titled:

  • Labor vs. Non-Labor on labor as human activity in the sphere of necessity, citing Mandel, Re Formation of the Economic Thought of Karl Marx (MR, 1971, Ch. 10, p. 169)
  • Labor Process referencing E.O. Wright, Class, Crisis & the State (Verso, 1979, pp. 64–)
  • Prod / Unprod. Labor (title only, no further notes)
  • History of Thought / Marx on E.K. Hunt, “The Relation of the Ricardian Socialists to Ricardo and Marx” in Science & Society (XLIV, 2, Summer 1980, pp. 177–198)
  • Joint Products & Prices of Production (5 pages) on compatibility of joint production with a uniform rate of profit, including sheep/wool/mutton numerical example, cost-price, supply-demand diagrams, and analysis of demand shifts
  • Used Machines & True Joint Products (in red, front and back) on pseudo-joint vs true joint products, socially necessary labor time for all outputs, including chicken/gizzard/drumstick example
  • Joint Products on machine ages linked to theory of rent, intensive and extensive margins, and differential rent from a third type of margin
  • Investment as Use-Form of Previously Produced Surplus Value with numerical example of firm inventories, realized and unrealized profit
  • Nell’s Dissertation (7 pages, numbered 4–10) covering transformation problem, price determination vs price calculation, subsistence good reference system, scarcity prices, money as token, velocity of technical capital, credit, and three theories of money (cost of production, quantity, functional)
  • Variance of Price-Value Differences on conjecture that variance is greatest when equal rates of profit obtain
  • Individual Value / Social Value (front and back, 4/20/77) with table of capital invested, labor employed, product, and social value, citing TSV II, pp. 262–265
  • Exchanges Between Departments in Marx’s Reproduction Schemes (front and back) citing Capital Vol. II, Ch. XX, p. 401, on flows of money advanced by Dept. I and Dept. II
  • Correlation, Units, and Price-Value Deviations (4 pages, numbered 1–4, 3/81) on coefficient of determination R², unit vs total prices, and validity of total sales correlations
  • Say’s Law referencing Thomas Sowell, Say’s Law: An Historical Analysis (Princeton Univ. Press, 1972) and “Sismondi: A Neglected Pioneer” in HOPE (4:1, Spring 1972)
  • Sale, Production, & Profit (front and back) on income statements listing only costs of goods sold vs sales receipts, and implications for business saving and inventory changes (citing Ruggles & Ruggles, pp. 42, 218)
  • Joint Products (in red) with sheep/wool/meat algebraic formulations for average value determination across multiple production methods
  • Value, Realized Value, Price and Value, Realized Value & Price (4 pages, front and back) citing Capital I, pp. 101–102, including Marx quotes on price as money-name of labor realized, magnitude of value, and inherent price-value incongruity
  • Low-Wage Labor noting that low-wage labor is not necessarily cheap labor; competition from cheap labor imports, tariffs, and capital migration
  • Trade References (scrap paper) including Sideri on Portugal–England trade, Minsky on economics of Keynes (money), and mailing address for Richard Weinert
  • The Paradox of Profits Varying with a Given Surplus Value (3 pages, 1/4–3/4, 4/9/78) on two forms of profit in Marx, Sraffa’s transformation problem, and relation of rate of profit to surplus value
  • Price-Value Deviations (2 pages, 3/12) with mathematical analysis using input-output matrix H, eigenvalues, and sign patterns
  • Profit as the Transformation of Surplus-Value (front and back) with quotes from Ramsay and Marx, citing TSV III, Ch. XXII, pp. 338–339, and Grundrisse (Pelican, 1973, p. 385), plus additional red quotes on profit, wages, and exchange (Grundrisse, pp. 557, 632)
  • Profit & Surplus Value (2/14/77) with long quote from Grundrisse (1973, p. 757) on total profit relative to surplus value and total capital
  • Feedback Effects on Marx on foreign trade effects on national rate of profit, with substitution of cheaper raw materials lowering aggregate cost-price and raising profit
  • Conversion of Capital into Revenue Due to Price-Value Deviations (2/6/77) citing TSV III, p. 347, illustrating how conversion creates illusion of profit growing independently of surplus-value
  • Value, Exchange-Value, (Cost-Price), Feedback! (front and back, red and black) citing TSV III, XX, pp. 163, 168–169, on differences between cost-price and commodity value, and input-output price differences
  • The Importance of Conceiving of Value as Materialised Labour (in red) citing Vol. I, Part II, Ch. IX, p. 217, on surplus-value as congelation of labor-time and essential difference between economic forms
  • General Nature of Profit (front and back) citing Wages, Price and Profit (Marx-Engels Selected Works, Int. Publishers, N.Y., 1970, p. 209) on explaining profit from commodities sold at real values, not price surcharges
  • Ricardo’s 93% Theory of Value referencing W. Baumol & Pate, JPE, Vol. 76, No. 1, Jan/Feb 1968, with note on Stigler
  • Mass of Profit and Mass of Surplus-Value (front and back, in red) citing TSV III, Ch. XXII, p. 345, on conversion of capital into revenue with cotton price changes and total rent exceeding total surplus-value in rent theory

Comments

The most recent date on the cards in this entry is 1980 but based on its location and context it is more probable that the card was written in the mid-1980s.

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