If two capital goods perform the same function, with different degrees of efficiency, I think that we can speak of higher use values. Say a pentium or a 486 computer chip. John Ernst wrote: > Michael, > > In what you wrote below, what is a "higher use value"? > > Paul, yes, the speed and ease is part of the use value. A calculator has a > specific use value; an abacus has another. The calculator has a higher use > value, but its invention does not alter the use value of the abacus. Don't > you agree? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael@ecst.csuchico.edu
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