Thread: Markets up
View Single Post
Old 03-26-2009, 07:53 AM   #32 (permalink)
roachboy
 
roachboy's Avatar
 
Super Moderator
Location: essex ma
the point i think the other rb was making is exactly the opposite of that, ace.

time is what the system of marking stages it as being: the function of the atomic clock is not to measure anything: the point is "to produce the same event over and over" (this from the official definition of the clock, the official explanation for what it does)---so what the clock does is **produces** the events that you take it as **measuring**....there's a world of difference between the two terms.

value then is not that different--it's a set of relations. value isn't simply "subjective"---it's relational.

a "market" is not an object, nor is it a system--it's a cluster of relations. as such, a market doesn't "tend" toward anything, doesn't "seek" anything. your position on this is metaphysics, a religious assumption, a matter of faith, nothing more.

stock market fluctuations refer to themselves. that it's been an article of faith for some time that they refer to the broader economy has been of a piece with the more debilitating assumption that what matters is the movement of capital and not the relations of market-oriented activity to other forms of social life---like production, say.

it's this entire way of seeing the world, ace--everything about your position--that's in serious trouble in the transition we're moving through.
__________________
a gramophone its corrugated trumpet silver handle
spinning dog. such faithfulness it hear

it make you sick.

-kamau brathwaite
roachboy is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76