Re: [OPE-L] Yet another TP solution

[Philip Dunn <pscumnud@xxxxxxxxxxxx>]

Hi Jerry

I was thinking about a commedy routine I saw years ago.  As one drawer is closed
another pops open, driving the comic to distraction.  There is a menu of TP
solutions available but all of them leave one or more drawers open. Choose
another solution which closes these drawers and some others drawers pop open. 
The drawer I would leave open is the one that many Marxists would nail shut. 
The determination of value by ex ante SNLT.  All the other drawers, in
aggregate and disaggregate, stay shut.  The ex post value accounting system
takes any prices and wages, market prices, production prices and even very
silly prices, and absorbs it all in the differences between the power to create
value and value actually created.

No doubt there is a set of prices and wages which closes even this drawer.

Phil


 

  

Quoting Gerald_A_Levy@xxxxxxx:

> > In ex post value accounting all these drawers are closed, even down to the
> > diaggregated level.  I leave open the one that most Marxists would hate to
> > open, the determination of value by SNLT.
> 
> Hi Phil,
> 
> A quick question:
> 
> I'm not sure what you mean:   do you mean that it is an 'open question'
> whether value is determined by SNLT (i.e. value may or may not be
> determined by SNLT) or do you mean something else?
> 
> In solidarity, Jerry
> 


Philip Dunn