[OPE-L:7931] Re: Re: Re: relation of value to organic composition of capital

From: clyder@gn.apc.org
Date: Wed Nov 06 2002 - 10:29:14 EST

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 The OCC abstracts from the changes in prices. Hence it is measured at 
> constant prices, and its movement must mirror the TCC. It measures the 
> value of a change in quantities.
> 
> The VCC takes into account the changing values too. Hence it is a current 
> price measure.
>  

I think this makes very good sense.

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