From: gerald_a_levy (gerald_a_levy@msn.com)
Date: Mon Sep 09 2002 - 20:50:27 EDT
Rakesh wrote in [763l]: > That is, part of the contradiction between commodities and money > shows up as the difference between the kind of commodity which kind > most commodities are and the kind of commodity which kind the money > commodity is very likely to be. > By putting money on the same footing with all other commodities, the > von Bortkiewicz-Sweezy-Sraffa representation of the economic system > essentially effaces a fundamental contradiction of the capitalist > economy. There is a problem with the above: you are (unintentionally?) asserting that a "fundamental contradiction of the capitalist economy" stems from the unique nature of the money commodity. Yet, the capitalist economy no longer requires a money commodity and has thereby overcome a contradiction that you have identified as being "fundamental". Fundamental contradictions of capitalism, however, can not be overcome unless capitalism is surpassed. In solidarity, Jerry
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