another paine and able verbal preview get this right: there is a spectrum of products that get bought and sold since exchanges fall all along this spectrum the commodity character of exchanged products vary substantially (okay so maybe with n independent dimensions there arises the need for an index weighting the value of any item along each dimension to re-establish however imperfectly a scale but...) ================================================= on one end is comrade Piccaso's Gurenica at the other a bag of Iowa corn feed the movement of production systems toward undifferntiated products that share a set of specs like a bottle of water or a bag of corn feed we kall this as it evolves homogenization but commoditification has a two way dialectic ...... a constant bi forcation dynamic of differentiation and homogenization as marketeers try either to flee or force product competition by c0omparisons of mere price or also differing characteristcs hence the ceaseless struggle over time as markets unify and deepen the trend is toward greater limits on diversity globally if not locally at one point in time within one product category there are less and less varieties up to stage where the flowering of diversity re-emerges quality control and innovation are both powered by this escape from the ordinary motive and its all part of the quest for super profits yes profit max leads to constant change thru time and some is real innovation some eye wash ---------------------------------------------------------- the just off the assembly line vs the vintage stuff the vast world of existing durable commodities continue to circulate this stock view of markets modifies the pure todays perishable catch model of commodity markets of course individual human time ie potential laboring time is pure perishable product that can't be stored up say while one goes on strike -------------------------------------------- stay tuned for more from alias P&A starttlingly counter intutitive results when a hard number model is applied to the full commodity curculation system especially when integrated properly with its ghost shadows in the paper asset market startin with mephisto's gift fools gold backed credit money ======================================================= "from houses to spoons tractors to looms none of uz is ever free of in -co-mensurity " " for sure the gyp is in hiding in in the bull rushes of diversity"Posted by pinky at December 5, 2004 09:25 AM
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