Sorry for the poor formatting. My main server is down. miyachi wrote:
What is the meaning of " static" I can't understand, What do you want to say to define that simple value analysis as static? By static, I mean that it does not take into account that the economy is dynamic. We don't disagree about what you say below. The labor to maintain the machine counts as part of the living labor that goes into the production process. The fact that the value does not exist without use is central to what I wrote. You insist that value is determined by labor time necessary to reproduce machine, but to maintain machine's value is due to use this machine by worker's labor. Why is it possible that value is reproduced by machine itself without using? Machine is no value without use it. Michael Perelman Economics Department California State University Chico, CA 95929
