As I continued my excavation of my file drawer of unpublished papers, I came upon a 6,500 essay entitled “Exploitation and Surplus Labor,” which I had quite forgotten writing. It is clearly a working paper that led to my 1981 journal article, “A Critique and Reinterpretation of Marx’s Labor Theory of Value,” which is archived in box.net, accessible via a link at the top of this blog. The 1981 journal article, which I have just re-read, is, I think, the technically most advanced thing I have every written about Marx, and I flatter myself that it is entirely original and even, dare I say it, important. But I made the tactical mistake of publishing it in Philosophy and Public Affairs. That journal was read principally by philosophers, most of whom were not equipped to understand the long stretches of linear algebra that I employ in making my argument. As a result [or so I like to tell myself] it has received no attention at all by serious students of the thought of Marx. The working paper has no math in it at all to speak of but it explores many of the same themes and ideas.
I don’t suppose there is anything I can do to thrust my journal article into modern discussions of Marx. Should anyone want to read it, it lies ready in Box.net. As for the working paper, I scanned and converted it without success, but as a .pdf file it is easily readable. I have uploaded the .pdf file to box under the title “Marx Working Paper,” and if anyone wishes to read it, I would be very interested in reactions or comments.