Wednesday, July 2, 2014
Wealth Work and Capital or Piketty Piketty Piketty
The exchange value of Existing wealth is hydra like
Yes
"The wealth of those societies in which the capitalist mode of production prevails, presents itself as “an immense accumulation of commodities"
But that is only our point of departure
Mark each item each commodity in this " emense accumulation "
to todays market price for each ...errrr
If transactions in such items occurred today ...
If not I guess when last transacted or..or...
( cue echoing " ore"
Trickling away to infinitely "
Even before evaluation can commence in earnest
The initial hope for one set of threads
twisting itself together
into a golden rope of great value
begins to fray
A thousand ...ten thousand... A million ...notionally possible tributaries
emerge
way too many mutually exclusive
And contradictory