From: Andrew Brown (Andrew@lubs.leeds.ac.uk)
Date: Thu Mar 27 2003 - 06:48:19 EST
re opel 8676 Hi, again, Michael, > Goods are exchanged only because they are useful and what one person > lacks for a given usage can be obtained by exchanging something else > useful for it. Thus it is "use" (_chreia_) which "holds everything > together", not the manifold different concrete uses, but rather > usefulness as general, abstract usefulness. Money provides a practical > measure for this abstract usefulness which works in practice to > mediate exchange practically. This is the crux of your position, it seems. It is wrong because exchange abstracts from the quanity of use-value. In other words, the 'abstract usefulness' to which you must be referring (that left after abstraction in exchange) does not have the dimension of quantity. This is the problem with neo-classical economics too (neo-classical economics invents 'purely subjective' utility to try to help but the notion is idealist nonsense). Andy
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