From: clyder@GN.APC.ORG
Date: Mon Jul 12 2004 - 06:13:56 EDT
Howard, you say "Where the social relation that generates the product as a commodity exists, then the product of labor is constituted by value, and value, which is not presented empirically like texture or other physical qualities, must find a vehicle for its expression. It finds its means of expression in the body of another commodity and this process in turn generates the money commodity. I don't know any way to supercede or transcend this process other than by transforming the generative social structure responsible for the existence of products as values in the first place (the transition to socialism)." But you later recognise that : "symbols such as inconvertible paper can stand in for money if the coercive tools of the state ensure their efficacy and a roughly stable relation to the set of value relations requiring expression is maintained." This essentially contradicts your first formulation since it recognises the obvious - that non-commodity money is perfectly compatible with capitalism. There seems to be a tension in your thought here! ---------------------------------------------------------------- This message was sent using IMP, the Internet Messaging Program.
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