>re Jerry's 4966 > >In *this* case though we have a clear and unambivalent and unrefuted >statement by Marx about what can cause a change in prices of production. For what it's worth I agree with Jerry. Moreover, as I have already said, Fred's claim is consistent with Marx's methodology in *Capital* as a controlled study of the impact of rising labor productivity or the permanent tendency for unit values to decline on the economic structure of society (Grossmann, 1929; Mattick Sr, 1959). For this reason, Marx assumes demand equals supply and the value of money is constant; this ensures that all changes in price obtain as a result of changes in value on the commodity side of the equation. Yours, Rakesh
This archive was generated by hypermail 2b30 : Thu Mar 01 2001 - 14:01:39 EST