The tendency of earnings estimates to fall

[Justin Schwartz]

Shane, that is a unit of value, but of capital? You don't need capital_ism_ 
(wage labor, classes) to get value, just markets. The initial model of the 
commodity in CI is a pure market model. --jks


>
>Doug asks:
>
>
> >- an hour of labor is an hour of labor, but just what is a unit of
> >capital? - but I really don't know what it means today.
>
>According to Marx, a unit of capital is identically a unit, say an hour,
>of average socially necessary labor.
>
>Shane Mage
>
>"Thunderbolt steers all things."
>
>
>Herakleitos of Ephesos, fr. 64
>
>

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