Dear Melvin P., Could you go slower, please, and fill in the gaps for me? I don't understand your references. Could you give examples?
I did get the point about Southern cotton production being (capitalist) commodity production, even though Black slaves, not "free" workers, produced the cotton, and how economists could not (and cannot) understand this because the phenomenon didn't conform to the "pure" theoretical abstraction. I agree with you. Ciao Drewk
