From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Mon Nov 24 2003 - 09:47:55 EST
Hi Phil. You wrote: > If money is an equivalent then there must be an equality such as: > the value of the procuded commodity = the value of the money it sells for > Price value deviations are therefore impossible. This is the case only in the aggregate abstracting from temporal and spatial deviations. > Surplus value (in hours) is > equal to profit in dollars times the value of money (hours per dollar). > There can be therefore no transfer of surplus value among capitalist > firms. Again, this is an equality that only holds in the aggregate. If we look at individual firms and competition, we can observe a different process at work, e.g. the transfer of surplus value through rent and, with it, a major reason for technological change by individual firms. I would suggest, also, that the effect of advertising can be analyzed through the subject of rent. > In view of this, why should I read Volume III? You want me to give away the whole plot? In solidarity, Jerry
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