From: Christopher Arthur (arthurcj@WAITROSE.COM)
Date: Thu Oct 20 2005 - 06:23:23 EDT
>Hi Rakesh, > >One thing to do would be to consider from what respective >perspectives(individual commodity, system-wide, all possible?) our >respective viewpoints are coming from. The most important aspect I have >been apparantly abysmally failing to get across is the importance of >distinguishing between persepctives, in particular system-wide vs. >individual. Your replies seem simply never to have engaged me on this. Yes >- I am frustrated! > >Let's put it another way - in 'what sense' can we say a commodity is not a >value prior to sale? No sense at all? In what sense can we say it is? > >Many thanks, > >Andy > > > >Andy > When one considers systemic determination of value it is not just the all pervasive market relations that entitile us to say that a single case is somehow virtually a value prior to its realisation as such on the market. There is also the important point that the commodity is produced in the context of a capital circuit in which value metamorphoses from money to factors of production to commodity to money etc, in other words production itself is form-determined as production of value by value from the outset so no sharp distinction can be made pre and post sale. 17 Bristol Road, Brighton, BN2 1AP, England
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