======================================================================
Rule #1: YOU MUST clip all extraneous text when replying to a message.
======================================================================
There is no answer to that. No mathematical demonstration. The labor
content of a monetary unity in prices is a hypothesis that can only be
confirmed by statistical analysis of real world data. Market prices do not
imply sum of values, not even in long term, or vice versa. The correlation
for each other can only be determined by a scientific approach. This is not
vulgar economics, where mathematics are ideal and detached from the real
world.
2013/5/12 Shane Mage <shm...@pipeline.com>
>
> Instead of handwaving with thirty-dollar words ("a quasi-physiological
> 'substance' that has ontological status") when the problem is pointed out
> to you ("the sum of final-product prices, multiplied by the labor-content
> of the monetary unit, has to equal the sum of values, but the relative
> prices-of-production of the commodities systematically do not correspond to
> their relative values"), you really ought to try at least to reply.
--
Daniel Rocha - RJ
danieldi...@gmail.com
________________________________________________
Send list submissions to: Marxism@greenhouse.economics.utah.edu
Set your options at:
http://greenhouse.economics.utah.edu/mailman/options/marxism/archive%40mail-archive.com
