[OPE-L:1855] Re:

Chai-on Lee (conlee@chonnam.chonnam.ac.kr)
Mon, 22 Apr 1996 05:57:02 -0700

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Paul Cockshott said on Friday, April 19, in[OPE-L:1824]said,

We are getting closer to an objective definition, but you will need to =
tighten it. Usurers capital under feudalism would, on your definition =
above, be dominant. =20

Chai-on replies,

Yes, it would if the surplus appropriated by the feudal lords were =
absorbed by the usurers, if the feudal tributes were transferred to the =
hands of the usurers. It was one of the reasons the feudal mode of =
production was to be in the wane. With the collapse of the feudal mode, =
however, the usuery was also to collapse because the latter relied upon =
the former. =20

In solidarity,

Chai-on: conlee@chonnam.chonnam.ac.kr