Re: (OPE-L) Ajit's paper

From: clyder@GN.APC.ORG
Date: Wed Jun 02 2004 - 11:25:13 EDT


Quoting ajit sinha <sinha_a99@YAHOO.COM>:

> --- Riccardo Bellofiore <riccardo.bellofiore@UNIBG.IT>
> wrote:
> > About the MEL, I am satisfied with Foley.
> __________________
>
> But Foley's position contradicts yours and Rakesh's
> and others. Foley simply adds up various kinds of
> concrete labors such as the labor of carpenters and
> masons etc. to get his total direct labor, which is
> what he places against the total money value of the
> net output to derive the labor value of one unit of
> money. It does not solve your problem of abstract
> labor since the value of the money commodity is simply
> based on adding up concrete labors. So I think you
> need to rethink on this problem. Cheers, ajit sinha
> __________________
>

Surely by adding them up one abstracts from their
concrete type, and adds up all that remains - expenditure
of human time.


>
>
>
>
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