[OPE-L:6410] Re: Re: Production techniques

From: Paul Cockshott (paul@cockshott.com)
Date: Tue Jan 22 2002 - 04:55:09 EST

On Mon, 21 Jan 2002, you wrote:
> In response to this passage from me,
> >>> Let's pursue that point a second.  Do you accept the possibility that
> >>> profit-seeking capitalists would choose among available production
> >>> techniques based on relative prices of inputs (so as to minimize costs)?
> >>> And if so, since the choice of production techniques determines the direct
> >>> and indirect abstract labor requirements for production, wouldn't it be
> >>> more appropriate to say that prices "come before" total value?
> AR [6375] writes:
> >And, what are those ghost-like "production techniques"? Who DID produce
> >them? How? How is it that they are "available"? Did they drop from the sky?
> >In a real, historical capitalist society, what should "come before" if we
> >are going to have "production techniques" and "prices"?
> I'm puzzled by this response, Alejandro.  Are you claiming that answering
> these questions would somehow alter the sense of my argument that commodity
> values should be understood as at least *interdependent* with commodity
> prices, rather than (as Rakesh claimed) analytically *prior* to them?  If
> not, then these questions, while interesting in their own right, are
> necessarily red herrings with respect to the issue at hand.  If so, then I
> confess I don't see the connection you're suggesting.   

Condition for prices to influence values independently of technologies
is for the i/o matrix to be such that reverse reswitching will occur.
Shaik and co workers have shown that empirically this does not occur.

Paul Cockshott, University of Glasgow, Glasgow, Scotland
0141 330 3125  mobile:07946 476966

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