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value and price: a dissenting note



>Sir  Charles Brown

 You determine value as depending upon future condition. but it may be
wrong, because  value which depends upon future belongs to sphere of
fictitious capital flow, such as various derivertives -futures, forword
option, swap etc- not belong to real capital market. In reality, real
capital flow and fictitious capital flow intertwine, so this double flow
makes us difficult to analyze and differentiate two flow and leads to make
to confuse the two flow such as your doubtful determined "value". Commodity
value must firstly be determined within the simple sphere of commodity
world.
MIYACHI TATSUO

^^^^^^

Thank you Comrade Tatsuo.

So, your answer to Michael Perelman's puzzle is that we treat constant , real capital like fictictous capital ?

Charles Brown




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