On 2002.04.18 08:58 AM, "Chris Burford" <[EMAIL PROTECTED]> wrote:
> At 16/04/02 23:50 +0100, you wrote: >> The organic composition of capital is the measure of the exchange value of >> currencies. >> >> Is this a correct application of marxism? >> >> Chris Burford > > I appreciate the discussion. But I am wondering if my gentle, wise old > communist friend, got it the wrong way round. > > Perhaps it should be > > The exchange value of currencies is the measure of the relative organic > composition of capital. > > Chris Burford > Comrade Chris Burford > What is " exchange value of currency"? If currency has exchange value,many currencies must exchange in capital market. So do you mean currency as bill .bond, stock? After this mail I will explain concept of currency.
