- Capitalism and Alternatives -

and what does that tell you....

In Reply to: For the LAST time...(better) posted by Stoller on November 19, 1999 at 14:42:22:

: It stops at the point where production costs leave NOTHING for profit.

: No matter what ANY CUSTOMER thinks.

What does that tell you? According to you the candy bar still has 'value' because it has been given unto it by labor - according to those customers who would buy it at below costs but not above its exchange value is less than the sum of the exchange values of the inputs.

Hence LTV says nothing consistent about why and how people value things in trade.

Get serious.

Follow Ups:

• That you never read Capital perhaps? Stoller November 20 1999 (13)
  • burn the heretics Gee si November 22 1999 (8)
    • You're being evasive Stoller November 22 1999 (7)
      • foolish Gee si November 22 1999 (6)
        • No kidding Stoller November 23 1999 (5)
          • break it down Gee si November 23 1999 (4)
            • These are the breaks (calling McSpot) Stoller November 23 1999 (3)
              • Complicated theories DonS USA November 24 1999 (2)
                • ...and meager minds Stoller November 24 1999 (1)
                  • By parsimony one rejects the more complicated theory. DonS USA November 25 1999 (0)
  • Those ignorant proles are going to need a priest Stuart Gort USA November 21 1999 (3)
    • anyone who takes the economic ramblings of a loser like Marx seriously DonS USA November 24 1999 (2)
      • at least your not trying to pretend your argument is based on reason lark November 24 1999 (1)
        • When someone calls me DonS USA November 25 1999 (0)