Re: [OPE] Understanding Value and Use-Value

On Tue, 2009-04-28 at 18:50 -0400, Gerald Levy wrote:
> > Suppose there is a strike in the month of March.
> > Then v=0 since the workers are not paid.
> > But s=0 because s is due to exploitation and workers cannot be exploited
> > if they are on strike.
> > There is no production that month so sales attributable to that month
> > are zero.
> > In others words, c + v + s = 0
> > Therefore, c = 0
>
>
>
> Hi Phil:
>
> Let's divide c into constant capital which constitutes variable costs (Cvar)
> and constant capital which constitutes fixed costs (Cfix). In that case the
> situation above could be described as follows:
>
> v = 0
> s = 0
> Cvar = 0
> Cfix = > 0
> Hence:
> c + v + s = > 0
> and C > 0
>

How can this be possible when c + v + s = 0 ?

Nothing is produced in March. Any sales receipts in March or later do
not relate to March production. They could relate to February.

The firm may have fixed outgoings but that is not the same as fixed
expenses.

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Received on Tue Apr 28 19:50:16 2009