From: Philip Dunn (pscumnud@DIRCON.CO.UK)
Date: Thu Apr 21 2005 - 07:57:43 EDT
Hi Jerry I was thinking about a commedy routine I saw years ago. As one drawer is closed another pops open, driving the comic to distraction. There is a menu of TP solutions available but all of them leave one or more drawers open. Choose another solution which closes these drawers and some others drawers pop open. The drawer I would leave open is the one that many Marxists would nail shut. The determination of value by ex ante SNLT. All the other drawers, in aggregate and disaggregate, stay shut. The ex post value accounting system takes any prices and wages, market prices, production prices and even very silly prices, and absorbs it all in the differences between the power to create value and value actually created. No doubt there is a set of prices and wages which closes even this drawer. Phil Quoting Gerald_A_Levy@MSN.COM: > > In ex post value accounting all these drawers are closed, even down to the > > diaggregated level. I leave open the one that most Marxists would hate to > > open, the determination of value by SNLT. > > Hi Phil, > > A quick question: > > I'm not sure what you mean: do you mean that it is an 'open question' > whether value is determined by SNLT (i.e. value may or may not be > determined by SNLT) or do you mean something else? > > In solidarity, Jerry > Philip Dunn
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