[OPE-L:2385] Re: Re: Chimps, owls and value-form theories

From: Duncan K. Foley (foleyd@cepa.newschool.edu)
Date: Sat Feb 19 2000 - 20:23:17 EST

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Paul,

If it is true that prices in capitalist economies are closely correlated
with embodied labor coefficients, why is this an argument that a socialist
economy with centralized allocation of resources should use embodied labor
coefficients in planning?

Duncan
Duncan K. Foley
Department of Economics
Graduate Faculty
New School University
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