OPE-L
mailing list archive
[ Other Periods  | Other mailing lists  | Search  ]
Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

IMPORTANT: If you cite this message, OPE-L policy requires you not to reveal the identity of the author.

Re: [OPE-L] fully automated economy and capitalism

You may cite this message only if you do not disclose who wrote it.

> In Paul C's thought experiment, one can hypothesize that a quantity
> analogous to labour content emerges as the basis of economic value.
 
 
 
Hi Dave Z:
 
A quantity of what - "socially necessary robot time"?
 
 
When you say that this emerges as the "basis of economic value",
do you simply mean *exchange value*?
 

> and the feasible consumption pattern --- and if the economy works with
> some degree of efficiency --- then this quantity will emerge as a
> regulating force on the prices of commodities.
 
 
So, robotic production time will determine the e-v of "commodities"?
 
This is truly a Sraffian thought experiment - production of products
by means of products.
 
In solidarity, Jerry
[ Other Periods  | Other mailing lists  | Search  ]