[OPE-L:4127] Re: Use Value and Value

From: Michael Perelman (michael@ECST.CSUCHICO.EDU)
Date: Mon Oct 16 2000 - 23:44:36 EDT

If two capital goods perform the same function, with different degrees of
efficiency, I think that we can speak of higher use values.  Say a pentium or a
486 computer chip.

John Ernst wrote:

> Michael,
> In what you wrote below,  what is a "higher use value"?
> Paul, yes, the speed and ease is part of the use value.  A calculator has a
> specific use value; an abacus has another.  The calculator has a higher use
> value, but its invention does not alter the use value of the abacus.  Don't
> you agree?

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@ecst.csuchico.edu

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