[OPE-L:5076] Value form analysis

Michael Williams (mwilliam@compuserve.com)
Mon, 19 May 1997 11:20:31 -0700 (PDT)

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> 1. Riccardo asked, "Any examples?" to my argument: In value form
> the mag. of value can be increased by the act of exchange. This is a big
> difference from the Jerry's IMO.
> Chai-on: Mr A sold his product at $10 in the morning and yet sold the
> same product at $12 at noon even with no change in the production
> conditions. In value form analysis, it is seen as an increase of the
> value-mag. But, in mine, it is an increase of the deviation between price
> and value.

I do not believe that v-f theory ('analysis' is not strictly correct) needs
to ditch all the apparatus of sustained c of g prices/values, which is what
your example suggests.

I have almost no disagreement with Chai-on's other comments

Dr Michael Williams
"Books are Weapons"

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