[OPE-L:3679] Re: Cost Prices and values.

Allin Cottrell (cottrell@wfu.edu)
Mon, 18 Nov 1996 06:56:01 -0800 (PST)

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On Mon, 18 Nov 1996, Paul Cockshott wrote:

> Cockshott:
> I cant speak with assurance for Allin
> at this point, but Dickinson's account
> seems clear and correct.

Just in case anyone was wondering, I agree with Paul on
this. Values can be expressed in monetary terms -- and
prices of production in hours -- via the use of a conversion
factor (the 'monetary expression of labour', or whatever),
but it seems right to me to say that prices are 'at home' in
monetary units, and values 'at home' in hours of socially
necessary labour-time.