Simon wrote:
>
> I think that where we are parting company is that I am seeing the
> productive relationship also as a social relationship, and the purpose of
> revolution to change the social relationship by qualitatively changing the
> productive relationship, not quantitatively.
Yes SO
> What I am saying is that the value of something is the amount of labour
> that goes into it. To replace an arbitrary price based on chance and the
> market with an arbitrary price based on a commissar's rule of thumb does
> not suspend this rule.
Yes but you are looking through the wron
>The point about the law of value is that it is a law. Capital tries
>its best to accumulate by reducing the value of commodities. Nation
>states get in the road of the perfect operation of the LOV, but they
>cannot prevent it from operating including its crisis effects. The
>former USSR and China
The point about the law of value is that it is a law. Capital tries
its best to accumulate by reducing the value of commodities. Nation
states get in the road of the perfect operation of the LOV, but they
cannot prevent it from operating including its crisis effects. The
former USSR and China
Simon writes,
> Dear all,
>
> Stop me if you've heard this before - but surely, all capitalism plans
> extensively? To argue that an economy is planned does not stop it from
> being capitalist. And on the suspension of the Law of Value - you can
> suspend prices, if you like, and pretend
- Original Message -
From: Dave Bedggood <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Wednesday, November 17, 1999 11:45 PM
Subject: M-TH: China and law of value.
The point about the law of value is that it is a law. Capital tries
its best to accumulate by reducing