[OPE-L:159] Re: Artistic whole?

Michael Perelman (michael@ecst.csuchico.edu)
Wed, 27 Sep 1995 16:00:26 -0700

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I would half way agree with Jim Devine about Marx using a "representative
firm." The disagreement comes with regard to constant capital, a particular
interest of mine.

In terms of a representive firm image, we can multiply by n-firms to get the
whole economy. In a representative firm, all purchased reproduced inputs
are dead labor, or what marx termed antecedent labor.

When we look at the economy as a whole, we see a representation of
co-existing labor, where intermediate goods producers and final goods
producers work side by side.

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 916-898-5321 E-Mail michael@ecst.csuchico.edu