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  • On the center of gravity as value
  • カチ ガイネン トシテノ ジュウシン ニツイテ

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論文(Article)

The goal of this article is to claim that the market economy assumes various external factors out of market as indispensable premises in its materialization, by examining the center of gravity prescription in price fluctuation of commodity.　First, through examination of the requirements for formation of the center of gravity in price fluctuation, we demonstrate that the center of gravity as value means not only the standard for price fluctuation, but also the restorative power of prices showing an amplitude of up and down.　Next, our study of the center of gravity as restorative power reveals that various centers of gravity are possible depending on the abstraction dimension, the nature of commodity, and the movement of the market. In other words, we confirm that the nature of the center of gravity is multi-layered.　Finally, we examine the way external factors outside the market affect the market economy from the perspective of multi-layered nature of the center of gravity.

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