[OPE-L:7855] Re: Re: Re: SNLT

From: clyder@gn.apc.org
Date: Fri Oct 25 2002 - 16:12:48 EDT

Quoting Christopher Arthur <cjarthur@waitrose.com>:
 > Trivial in the definitional sense. Of course it is not a trivial matter for
> a capitalist that the goods cannot be sold, and the dynamics of the cycle
> are important. But I was thinking of the part one context in which it
> appears that by definition any unsold commodities embody labour that failed
> to be socially validated and hence the labour was not socially necessary. I
> recall Marx also deals with the case where a glut is sold but at a lower
> price. "Caught together - Hung together" he says and argues that this
> proved unncessary labour had been expended .
> Chris

My last reply to Jerry was directed at this point and could stand
as a reply to this letter.

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