[OPE-L:713] Land Prices, Labor and Commodities

John R. Ernst (ernst@pipeline.com)
Tue, 12 Dec 1995 10:23:17 -0800

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Gil Skillman (OPE-710) notes that there are prices of
unimproved land and then remarks that we seem
to have a case of exchange value with no
labor inputs and hence no value. Yet, we
have a price.

I had always assumed that the first chapter dealt with
an " ' immense accumulation of commodities' " and,
thus, Marx limited his investigation in the chapter to
those commodities which could be accumulated. Unless
the amount of unimproved land is growing within capitalism,
I'm not sure that it is part of presentation at this point.