Regarding the law of value >you seem pretty close to equating competition with commodity production >itself. Am I correct? > >Paul Z. ____________________________ This is a curved ball, and I don't know whether i can do justice to the question in the hurry I'm right now. But let me try. In capitalism, as long as there is commodity production, competition will be an aspect of it. In a simple commodity production system, a mobility of labor from one branch to another must be assumed for the law of value to operate. It may not be called competition but it performs the same purpose. But what about "commodity production" in societies were occupations are more rigid--like traditional Hindu caste society? Here we will have some problem. My first impulse is to not think of production in such division of labor situation as "commodity production". Cheers, ajit sinha > >
