On Tue, 2009-03-17 at 15:49 +0000, Paul Cockshott wrote:
> Philip:
>
> When VF theorist say that money is the sole measure of value ( better:
> money is the sole measure of the relative value of non-money
> commodities) it seems to me that they are talking about realised value.
> The corresponding potential is not so easy to put a finger on.
> -----------------------------
> Is this not just an echo of von Mises, one of the most prominent opponents of socialism and Marxism?
>
>
Alternatively, it could be an echo of Marx: Money, as a measure of
value, is the necessary form of appearance of the immanent measure of
value, namely,labour time.
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Received on Tue Mar 17 16:47:35 2009
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