DeLong on Paul Sweezy - brief comment on law of value

2004-03-02 Thread Charles Brown
Jim raised the question in that post Yoshie mentions: But then again, I'm not sure exactly what it means to have to have the law of value continuing to operate under socialism. Does that mean that the economy isn't totally under a plan? ^^^ And that some goods and services are traded based on

Re: DeLong on Paul Sweezy - brief comment on law of value

2004-03-02 Thread Waistline2
"But then again, I'm not sure exactly what it means to have to have "the law of value"continuing "to operate under socialism." Does that mean that the economyisn't totally under a plan? Comment "The Economic Development of the USSR" by Roger Munting, St. Martin Press 1982 contains enough

Re: DeLong on Paul Sweezy - brief comment on law of value

2004-03-01 Thread Jurriaan Bendien
So, Sweezy wished to clarify the meanings of the terms socialism and communism by saying that the law of value still continues to operate under socialism to the extent that economy is capitalistic, i.e., governed by market discipline, whereas it won't under communism worth its name. As Jim