Paul
The value of a product is the portion of society's labour needed to
reproduce it.
Massimo
Define your labour please.
Paul C
Clock time multiplied by people.
Massimo
Which gives us hours times people. I don't see any labour here!!
Paul C
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I meant of course people engaged in work.
Massimo
Sorry Paul, but it does not follow necessarily from your definiiton.
You define value of a product as " the portion of society's labour needed to
reproduce it" You define labour as "Clock time multiplied by people"
and you "of coruse" mean "people engaged in work".Which answers to
my querstion "Define your labour please" as "labour is people engaged
in work moltiplied by clock time". It sounds very close to a
tautology to me.
Massimo
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