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In thinking about Paolo's question concerning the pace of gold production don't we have to, within the contemporary global context, consider the demand for gold for jewelry, art, decoration, etc.? Doesn't the demand for _substitute_ uses of gold affect the pace of gold production? Although this might seem to be exclusively related to luxury goods demanded by the capitalist class, doesn't the working class as well demand gold for non-monetary purposes? It wouldn't even surprise me of there are some list members who are adorned with gold rings or jewelry .... In solidarity, Jerry
- Re: [OPE-L] Where does the money comer from : was Why aren't non-labourers sources of value?, (continued)
- Re: [OPE-L] Where does the money comer from : was Why aren't non-labourers sources of value?, Rakesh Bhandari Wed 04 May 2005, 18:39 GMT
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