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Wall St. Journal has been reporting for some time on "Dangers Of Deflation," esp. in Eurozone. Has anything been written recently by Maraxists on whether continuing reduction of variable and constant capital embodied in commodities, thanks to ever-improving technical advances in production, contributes to this "deflation"? If the prices of commodities in general fall, and wages remain the same, without inflation, is this an increase in wages? T _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
