[OPE-L:5433] Re: commodity capital on the market and the costs of circulation

From: Allin Cottrell (cottrell@wfu.edu)
Date: Thu Apr 26 2001 - 12:11:53 EDT

On Thu, 26 Apr 2001, Gerald_A_Levy wrote:

> Putting aside for now the issue of the costs of storage and
> transport, your position is that the unsold commodities represent
> constant capital.  Marx, however, refers to the "commodity stock"
> as "commodity capital on the market" rather than constant capital.
> I see no argument there that suggests that this unsold inventory
> should count as constant capital. Do you?

I believe you're muddling levels of abstraction.  Surely constant
capital and variable capital are jointly exhaustive categories.  If
"commodity capital on the market" is not variable capital (and surely
it's not) then it's constant.


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