At 17/04/02 00:04 -0700, you wrote: >Whether that interpretation is corret or not depends on >whether you are talking about Capitalism (in which case >no) or Socialism (then prob. OK). > >The issue is credit and how it affect the general price >level ... and thereby the puchasing poer of money. > >I think Marxism looks more at this "purchasing power" >(ie value) as what money is - not money by itself. > > >Chris Warren
> > The organic composition of capital is the measure of >the exchange value of > > currencies. I am wondering if this is the wrong way round. Perhaps it should be The exchange value of currencies is the measure of the relative organic composition of capital. Chris Burford _______________________________________________ Marxism-Thaxis mailing list [EMAIL PROTECTED] To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis