From: ajit sinha (sinha_a99@YAHOO.COM)
Date: Tue Jun 01 2004 - 08:03:52 EDT
--- Riccardo Bellofiore <riccardo.bellofiore@UNIBG.IT> wrote: > At 3:21 -0700 1-06-2004, ajit sinha wrote: > > >______________________ > >How do you measure labor in terms of $? The unit of > >labor is time. So we need to know how is labor > >measured in terms of time. > > You have money wages, employment, expected > extraction of living > labour, expected money sales. If expectaction are > fulfilled both in > the capitalist labour process and on the commodity > market, I guess we > have abstract (living) labour time which will be > confirmed by the > market. ___________________ So will that "abstract (living) labour" be in terms of hours? And after the market has confirmed, how do we know how many hours are they? ______________________ > > > > > >Can you tell me what mLL and mPP stand for? Cheers, > >ajit sinha > > LL living labour > m monetary expression of labour time > MP means of production > p prices of MP ____________________ How do you get " monetary expression of labour time"? Cheers, ajit sinha > > riccardo > -- > > Riccardo Bellofiore > Dipartimento di Scienze Economiche > "Hyman P. Minsky" > Università di Bergamo > Via dei Caniana 2 > I-24127 Bergamo, Italy > e-mail: riccardo.bellofiore@unibg.it > direct +39-035-2052545 > secretary +39-035 2052501 > fax: +39 035 2052549 > homepage: http://wwwesterni.unibg.it/dse/homepage/bellofiore.htm __________________________________ Do you Yahoo!? Friends. Fun. Try the all-new Yahoo! Messenger. http://messenger.yahoo.com/
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