Re: Theories of underdevelopment

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Article #2727

#2727

From: royls
Date: Wed, 20 Oct 2004 23:38

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On Wed, 20 Oct 2004 04:03:01 -0400, "robert j. kolker"
<nowhere@nowhere.net> wrote:

>Ron Peterson wrote:
>
>> Not quite, commodities may be goods that are distinguishable. Land isn't
>> a commodity because it's not portable.
>
>It is something that can be bought, sold, traded, rented, or stolen. Its 
>a commodity. 

You are describing an asset, not a commodity.

>Just like labor. Labor can be sold, rented or stolen (as in 
>slavery or the draft). It is an object of exchange and recieves whatever 
>economic value it has in the exchange.

<sigh>  Labor is not an asset or stock.  It is used up the same moment
it is provided.

>Sniggling and higgling over portability misses the essentials.

The essential point to remember here is that you are striving to
obscure all the essential points.

-- Roy L

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From: royls@telus.net
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Subject: Re: Theories of underdevelopment
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