[OPE-L:5030] Re: ideal vs real value

Michael Williams (mwilliam@compuserve.com)
Thu, 15 May 1997 15:29:26 -0700 (PDT)

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> Chai-on: I could accept your definition of commodity except that a
> commodity is a commodity even before it is exchanged. Only in Direct
> Exchanges, the article becomes a commodity after it is exchanged.=20

*If* you are speaking here of real time, then the distinction is clear, and
is congruent with our notion of precommensuration. For all practical
purposes, as chocolate bars roll off the assembly line, they have a price
tag pasted on them, they are in practice manifestation of Commodity. But
that is because they are embedded in an ongoing, ubiquitous, replicated,
repeating capitalist commodity system. Still in terms of logical
precedence, I see no reason to change my original position.
Michael
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Dr Michael Williams
"Books are Weapons"

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