Re: value and labour; clarification

From: Andrew Brown (Andrew@LUBS.LEEDS.AC.UK)
Date: Thu May 15 2003 - 11:29:20 EDT


I  wrote:

> Of course, in practice, there is not a
> money commodity and even when there was we still only required
> any old unit of account.

I had in mind any old *symbols* (eg paper notes) for the unit of
account, i.e. for commodity money; these can perform the medium
of exchange function, of course, in a commodity money system.

Andy


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