Subject: Elasticity of value
Date: Fri, 28 Apr 95 09:53:41 +0100
From: wpc-AT-cs.strath.ac.uk


Chris:
>From my point 
of view I am saying that if the law of value is interpreted as inevitably 
manifesting itself in a non-linear way we would expect elasticity and 
variation *as well as* a tendency to revert to some underlying more 
frequent pattern.  Much of the grief of trying to study Marx in a 
mechanical linear way, would dissolve. 

Paul:
I find this discussion amorphous and metaphorical.
What do you mean by the law of value.
What do you mean by it asserting itself in a non-linear way.
What is meant by the elasticity of value?


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