[OPE-L:4364] Re: Brazilian diamonds and value

Michael William (mwilliam@compuserve.com)
Tue, 11 Mar 1997 17:51:21 -0800 (PST)

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Alejandro writes
> It seems important to stress that, in Marx's analysis, "scarcity" and
> "labor content" are NOT conceived as "separated factors" determining
> value as, perhaps, Hans's wording could suggest: "If scarcity were to
> affect prices directly, i.e., through deficient supply, rather than
> through labor content..."

I agree, this is crucial. See my recent post on the matter.
Dr Michael Williams
"Books are Weapons"

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