RE: [OPE] Understanding Value and Use-Value

From: Philip Dunn <>
Date: Mon Apr 27 2009 - 14:30:22 EDT

On Mon, 2009-04-27 at 13:03 +0100, GERALD LEVY wrote:
> > How can zero goods have a non-zero cost?
> Hi Phil:
> Ever hear of 'fixed costs'?

Ok, the firm has a bad month and makes no sales. But the fixed costs are
still clicking up. It might seem that the firm makes a operating loss
equalling the fixed costs for the month plus the wage-bill.

I do not agree. The operating loss is just the wage-bill. No value could
be transferred because there are no sold commodities to transfer it too.
The fixed costs must be assigned to earlier or later periods.

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Received on Mon Apr 27 14:36:25 2009

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