Hi Jurriaan, hi Jerry,
one can also say that the 'waste' occurs just because the law of value operates there.
The waste occurs everywhere. Is for example unemployment waste of humanity's resources?  
 
D.Göçmen
http://dogangocmen.wordpress.com/
 
 
-----Original Message-----
From: Gerald Levy <jerry_levy@verizon.net>
To: Outline on Political Economy mailing list <ope@lists.csuchico.edu>
Sent: Mon, Oct 26, 2009 10:34 pm
Subject: Re: [OPE] The waste in US health care
> Does the law of value really operate in the US health system? I suppose 
> that in a macabre way, it does, although mediated by monopolists. 
 
Hi Jurriaan: 
 
Well, what is the justification for your supposition? 
 
How does the law of value operate in branches of production where there 
are monopolies and oligopolies? 
 
In solidarity, Jerry  
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Received on Tue Oct 27 00:35:20 2009
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