[OPE-L:1035] Re: Definitions and Tautologies

Paul Cockshott (wpc@clyder.gn.apc.org)
Sat, 10 Feb 1996 06:42:26 -0800

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Question to Alan

Do the new transformation theorists assume paper or gold

If the former you are free to define the value of money
any way you wish, since it has no value. If one is assuming
gold money, and claiming to follow Marx it must be set by
the labour required to produce gold.