What about socially necessary labor time? I can paint something onto a canvas in 3 minutes, that doesn't mean I have a competitive advantage in the art business.
I was under the impression that because of the technological inferiority and the smallness of the cars they failed in the American car market and needs protectionism to build them up into fierce competitors (and to achieve economies of scale as European and Japanese incomes grew and thus could shift what was "socially necessary). Is that factually inaccurate? -- -Nathan Tankus ----------------------------------------------------------------------------------------------------------------------------------------------- _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
