I am having trouble understanding this thread. I think Marx would accept that the concept of marginal cost makes some sense within capitalism, although imagining that prices would equal marginal costs is nonsensical. Applying it to a socialist society makes no more sense than applying value theory to a socialist society.
Anyway, marginal means nothing more than incremental. What am I missing? Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [email protected] michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
