Even as he began the Grundrisse, Marx clearly understood the problem with
a simple c+v+s formulation. He was attacking those who wanted to use labor
notes [which would reflect the embodied labor], but he rejected the idea
as incompatible with a dynamic economy. Right?
-- Michael Perelman Economics Department California State University Chico, CA 95929Tel. 916-898-5321 E-Mail michael@ecst.csuchico.edu