Ooops! In my original message I intended to apologize
for my characterization of the group as a bunch of
"New Agers," and indicate that I had a lot of trouble
finding a succenct word or phrase that would fit in
the title and get attention, at the cost of being
hyperbolic. They're good people, and
On 2004-01-19, Kevin Carson uttered:
>>By competition. And how does that arrive at this solution? Simply by
>>depreciating below their labor value the commodities which are by reason
>>of their quality or quantity useless or unnecessary, ...and in making
>>the producers feel, ...that they have man
[Note--I believe I sent this to John Hull instead of to the list. I
apologize. If it's already been posted, my apologies for the duplication as
well]
I think they're operating on the same variant of the labor theory of value
that inspired the labor note systems of the Owenites and Josiah Warren.
[Note: I mistakenly sent the last two messages to John Hull, instead of to
the list. Sorry]
How is it a "market distortion" if no coercion is used? It seems to me that
any form of voluntary exchange is maximizing the preferences of the
participants as they see them. To set up a superior standar