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On Wed, 24 May 2000, Michael Williams wrote:
> >Paul C writes:
> > This is a point where we part company, I would go along with Ajit
> > in saying
> > that the objective measure of value is labour time. This exists prior to
> > sale as a
> > property of the input/output matrix.
> And Michael W. asks:
> And what if no input-output matrix has been constructed?
Real object versus thought object. Paul is referring to the
real system of input-output interconnections in the economy,
which exists independently of its representation by the
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