[OPE-L:4829] Re: value: primary, secondary; latent, possessed?

From: Gerald_A_Levy (Gerald_A_Levy@email.msn.com)
Date: Sat Feb 03 2001 - 15:54:30 EST 

RE [OPE-L:4828:

A question for Rakesh:

> In short, the transformation of quantities of various
> forms of concrete labor into homogeneous, abstract
> labor or value  occurs precisely through (and not
> before) market exchange. <snip, JL>
> <..., JL>, I am not here saying that the magnitude of
> value is  determined by exchange; I am arguing that a
> commodity only possesses  (or is a) value (one side of a > binary state)
if it's successfully  monetarily exchanged.

Is this the same perspective as in value-form theory (VFT), e.g. as in
Reuten (Hi Geert!)/ Williams (Hi Michael!)? Or are you saying something
else?

In solidarity, Jerry

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