[OPE-L:4955] Re: Re: Re: armaments and value

From: Gerald_A_Levy (Gerald_A_Levy@email.msn.com)
Date: Sun Feb 18 2001 - 19:35:38 EST

RE Paul B's [OPE-L:4953]:

> What war are you studying?

If it will help you to focus on the issues I have raised, let's take the case of WWII.

Consider, for example, the bombing of Hiroshima. Suppose that aggregate global value before the bombing equaled X.
After the bomb has dropped, is there a "conservation of value"  (value = X) or has the quantity of value in the world been diminished  (less than X)?

Relatedly, how has the forcible destruction of constant capital values affected the revaluation of existing stocks of constant capital globally?   Does this mean that some capitalists will gain value to the exact same degree that others lost value or has the forcible destruction of capital values in Hiroshima diminished the value of aggregate constant capital and thereby total value?

In solidarity, Jerry

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