[OPE-L:1140] Re: Marx, Ricardo and money

Paul_Cockshott (wpc@cs.strath.ac.uk)
Tue, 20 Feb 1996 05:59:13 -0800

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Paul's distinction:

|The passage that Steve cites from vol 3 with
|respect to money is refering to money borrowed
|as capital. What Allin seemed to be talking about
|was money in its quotidien sense as a means of

could be valid, but then it would imply that money has *TWO*
values, one when we are rferring to pieces of paper, the other
when we are referring to credit; this is hardly a satisfactory
state of affairs.

I may be mistaken, but if I recall the passage,
marx is talking about why interest is paid on
credit. This is quite different from the
amount of commodities that can be purchased
with a sum of money.