[lbo-talk] Uncle Miltie, he dead

Doug Henwood dhenwood at panix.com
Mon Nov 20 14:49:44 PST 2006


On Nov 20, 2006, at 5:43 PM, Mike Ballard wrote:


> Cheers Doug! Am I right in assuming that the GDP measures goods
> and services which have been sold, which are found to be use values
> within the context of capitalist class domination

Yup. Goods that are made but not sold are classed as inventory investment.


> e.g. the $8 billion a month being spent on the occupation of Iraq?

Most of it, yeah.



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