[OPE-L:3881] Re: Surplus-Value vs. Surplus Product

Allin Cottrel (cottrell@wfu.edu)
Fri, 27 Dec 1996 19:48:52 -0800 (PST)

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The trouble with these agricultural examples -- as a means
of trying to differentiate value theories -- is that the
conditions of production are not held constant (a similar
issue came up in relation to Torrens a few months back).
It's easy to see how, with favourable or unfavourable
weather conditions, a larger physical product might embody a
smaller amount of labour-time, or conversely.

Allin Cottrell
Department of Economics
Wake Forest University