Re: [OPE] The Labour Theory of Value: a Marginal Analysis

Alejandro Agafonow wrote:
>
> I agree Jurriaan. There is nothing wrong with this distinction.
> However, the key to understand deeper disagreements in Economic
> Science is on the relationship between subjective use-value and
> objective use-value, between the heating power of coal and the
> sensation of heating experienced by one person.
>
 Alexandro, you are concentrating perhaps too much on the final consumer
here. Try telling the operator of a power station that the objective
heating power of coal must first be filtered through subjectivity and he
will think you are havering.
A large portion of goods are destined for industry where rational
objective rather than subjective calculations prevail.
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Received on Mon Sep 15 05:03:21 2008