[OPE-L:5028] Re: Production and Circulation

Michael Williams (mwilliam@compuserve.com)
Thu, 15 May 1997 14:54:09 -0700 (PDT)

[ show plain text ]

> What is meant by the intersection of production and exchange ? What is
> e
> intersection of day and night ? Is it morning or evening ? In the case of
> the production and exchange, what is meant by the intersection? This is a
> very vague terminology, IMO.

I think I introduced it into the discussion, and it is a bit vague (mea
maxima culpa). Day and night do not (even discounting the fuzziness of dawn
and dusk) 'intersect'. They touch. However, I do not need this bit of vague
terminology, being happy with the precise notion that Value is constituted
in the contradictory unity of production and exchange that is Commodity
circulation. How's that?

Dr Michael Williams
"Books are Weapons"

Department of Economics Home:
School of Social Sciences 26 Glenwood Avenue
De Montfort University Southampton
Hammerwood Gate SO16 3QA
Kents Hill
Milton Keynes
tel:+1908 834876 tel/fax: +1703 768641
fax:+1908 834979
email: mwilliam@torres.mk.dmu.ac.uk mwilliam@compuserve.com