I wrote:
>In "normal" times, the capitalists purchase the surplus commodities as
>luxury consumption goods or investment goods or wasteful goods, so this
>basic realization problem isn't realized (as it were).
Charles writes:
>How many cars can a capitalist drive and buy ? How much toilet paper,
>televisions ? Even in "normal" times, I don't see how the capitalists can
>buy up all the goods and services corresponding to the surplus value.
you forget spending on accumulation, plus the seeming insatiability of the
capitalist lust for luxury. They rush in to buy High-Definition TVs, for
example, even though they haven't been established as the standard yet.
They think they can afford it when it turns out that the current HDTVs turn
out to be obsolete. If all else fails, there's always cocaine.
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
