- Capitalism and Alternatives -

jive talkin' do do do do do!

Posted by: Gee ( si ) on November 17, 1999 at 20:50:22:

In Reply to: You're jivin' me, right? posted by Stoller on November 17, 1999 at 19:10:56:

: That has been the business of capitalists since their time in the sun began.

They calculate the exchange value - which is something you presumably are not doing.

: To infer, as you do, that capitalists 'don't really know' what their products are worth---because the customer decides what commodities are worth(!)---is to insult capitalists everywhere.

They dont - they know what they cost by virtue of the exchange values they paid for the inputs - they dont 'know' at what price 1000 units will sell - they estimate that part.

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