Mike P
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In terms of a representive firm image, we can multiply by n-firms to get
the
whole economy. In a representative firm, all purchased reproduced inputs
are dead labor, or what marx termed antecedent labor.
When we look at the economy as a whole, we see a representation of
co-existing labor, where intermediate goods producers and final goods
producers work side by side.
Paul
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But the intermediate goods were still produced before the final
goods at any given time interval, and thus with respect to that
period are dead labour. If you take a trip on the QE2, you depend
on there having been labour done 30 years ago in the Clyde shipyard
that build her, but that labour is no longer going on side by
side with that of the sailors. The shipyard shut years ago.