S. Artesian (sartes...@earthlink.net) wrote on 2009-10-05 at 18:22:09 in about Re: [Marxism] China's nationalized sector has key role incurrentgains: > > > Overproduction is always the overproduction of capital; the overproduction > of commodities beyond the ability of the market, the relations of > production, to provide the required return. > > Overproduction is not underconsumption.
This is only half-full / half-empty. When overproduction is the production beyond the ability to realize the values produced as commodities, then it is also underconsumption in relation to the amount of commodities and the value embodied in them, i.e. the market does not consume enough. Cheers, Lüko Willms Frankfurt, Germany -------------------------------- ________________________________________________ YOU MUST clip all extraneous text when replying to a message. Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com