Re: measurement of abstract labor

From: Ian Wright (iwright@GMAIL.COM)
Date: Wed Jun 23 2004 - 13:33:22 EDT

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Hi Rakesh

> I think this conflicts with your earlier claim that value is
> determined by technical conditions alone, no?

This is a semantic issue. The selection from the possible values is
determined by demand. But the *value* is not determined by demand, it
is determined by the objective constraints on our productive activity,
i.e. the technical conditions. So demand can determine which real
possibilities become actual. But it does not determine the
possibilities.

Say I select 3 wrapped presents from a possible 10 for my birthday. I
open up my 3 and get presents A, B and C. Did my choice determine the
contents of those presents? No it determined which ones I actually got
to see.

ATB
-Ian.

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