Date: Fri Oct 25 2002 - 16:12:48 EDT
Quoting Christopher Arthur <email@example.com>: > Trivial in the definitional sense. Of course it is not a trivial matter for > a capitalist that the goods cannot be sold, and the dynamics of the cycle > are important. But I was thinking of the part one context in which it > appears that by definition any unsold commodities embody labour that failed > to be socially validated and hence the labour was not socially necessary. I > recall Marx also deals with the case where a glut is sold but at a lower > price. "Caught together - Hung together" he says and argues that this > proved unncessary labour had been expended . > Chris > My last reply to Jerry was directed at this point and could stand as a reply to this letter.
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