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**sasaderesada** · 01-18-2009, 08:17 PM

Originally Posted by SlowwHand It's hard to distribute something not produced.

QFT.

The exception, perhaps, is the selling of money that doesn't exist - and we've seen where that road can go to. On the other hand, it's equally hard to profitably produce something neither distributed nor marketed, unless the producer vertically integrates those links of the chain, which is theoretically possible (e.g. a record company also owning record stores, trucks to supply them, and publishers & broadcasters to advertise for them) but rarely feasible because the cost of such acquisitions will typically exceed the transaction costs of simply contracting with people who already fully specialize in distribution and marketing.

The real question is whether distribution and marketing ought to be simply folded into the definition of "means of production," regardless of whether Marx did so.

01-18-2009, 08:17 PM	#6
sasaderesada Join Date Oct 2005 Posts 341 Senior Member	Originally Posted by SlowwHand It's hard to distribute something not produced. QFT. The exception, perhaps, is the selling of money that doesn't exist - and we've seen where that road can go to. On the other hand, it's equally hard to profitably produce something neither distributed nor marketed, unless the producer vertically integrates those links of the chain, which is theoretically possible (e.g. a record company also owning record stores, trucks to supply them, and publishers & broadcasters to advertise for them) but rarely feasible because the cost of such acquisitions will typically exceed the transaction costs of simply contracting with people who already fully specialize in distribution and marketing. The real question is whether distribution and marketing ought to be simply folded into the definition of "means of production," regardless of whether Marx did so.
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