Re: [Pen-l] Fictitious Value vs. Marxian value

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Fictitious Value vs. Marxian value
From: Jim Devine <jdevine03@xxxxxxxxx>
Date: Sat, 31 Jan 2009 07:22:26 -0800
Dkim-signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:mime-version:received:in-reply-to:references :date:message-id:subject:from:to:content-type :content-transfer-encoding; bh=7v7c7much1oWcsojYNg3LuFzKZemM2U7985c5rhR538=; b=Ukd4KKlHN6jUfi1lgxej/ZgOXiwuDBksuKKB22KRJNydwEVyTmjR3QPm1mqMDw0LoL TRrJ1cjpZ6Xk/bMTqVVTIf6nWvNmWoF4CFX7rw4/+SuealTGDzr46z1oMecWzqyG+V9+ RZgesg0USf7lOhIduu4PreEUDRCDDH8Lnj4gs=
Domainkey-signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=mime-version:in-reply-to:references:date:message-id:subject:from:to :content-type:content-transfer-encoding; b=U69a3j94rUlONQvpDVdFr6SLMK+IDUhmMLnazpFNRxzLIPAxW97LISDsCoc6s6fDCl XFOgFnJGoUiU1H4Y8P5wG6ZT0A9Me0bbDd79yGe5GikOzw0l54+9hPLy98NDGIJKHYlu 8yOc4xcckYne+oH4dUNuXlhgaokzcgSCpi9VM=

I have a question: how does fictitious capital differ from the present
discounted value of an expected income stream? Isn't it true that
_some_ fictitious capital has a basis in reality (the production of
surplus-value), so that strictly speaking, it isn't all fictitious?
(of course, it's hard to know ahead of time which capital is truly
fictitious and which isn't.)
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l

Follow-Ups:
- Re: [Pen-l] Fictitious Value vs. Marxian value
  - From: Michael Perelman

References:
- [Pen-l] The Disastrous Toll of Fictitious Value
  - From: michael perelman
- [Pen-l] Fictitious Value vs. Marxian value
  - From: Ann Davis

Prev by Date: Re: [Pen-l] Performance of gold, SP500, and 30-Yr T-Bond in last 5 years
Next by Date: [Pen-l] well put!
Previous by thread: [Pen-l] Fictitious Value vs. Marxian value
Next by thread: Re: [Pen-l] Fictitious Value vs. Marxian value
Index(es):
- Date
- Thread

Thread context:
- [Pen-l] well put!, Jim Devine Sat 31 Jan 2009, 14:57 GMT
- [Pen-l] ain't that america/blog post, MICHAEL YATES Sat 31 Jan 2009, 04:42 GMT
- [Pen-l] The Disastrous Toll of Fictitious Value, michael perelman Sat 31 Jan 2009, 02:22 GMT
  - [Pen-l] Fictitious Value vs. Marxian value, Ann Davis Sat 31 Jan 2009, 11:59 GMT
    - Re: [Pen-l] Fictitious Value vs. Marxian value, Jim Devine Sat 31 Jan 2009, 14:55 GMT
      
      Re: [Pen-l] Fictitious Value vs. Marxian value, Michael Perelman Sat 31 Jan 2009, 16:36 GMT
      
      [Pen-l] Moishe Postone, Carrol Cox Sat 31 Jan 2009, 16:52 GMT
      
      Re: [Pen-l] Moishe Postone, Jim Devine Sat 31 Jan 2009, 17:15 GMT
      
      Re: [Pen-l] Moishe Postone, Shane Mage Sat 31 Jan 2009, 19:43 GMT

[ Other Periods | Other mailing lists | Search ]