Ellen Dannin's puzzlement about the puzzlement over wages reminds me 
of my own puzzlement recently, when I read a piece by a young 'rising 
star' of British 'mainstream' economics on wages and unemployment.  
The writer, one David Blanchflower, was amazed to discover that 
regional comparisons of wages suggested that wages were lower where 
unemployment was high, which contradicted the neoclassical 
expectation that wages would correlate with (marginal) productivity.  
So the reality is exactly what Marx would predict...

You might then say: but unemployment is comparatively low in the US 
now.  Well, yes;  but the reserve army of labour for US capital is 
mostly OUTSIDE the US now, waiting for a chance to get in, or waiting 
for the bounty of US FDI.

Sorry if I ramble - it's nearly 5 pm on Friday here, it's been a long 
week, and I'm about ready for the weekend!

Hugo Radice
[EMAIL PROTECTED]

PS: Harry Cleaver: could you remail me your piece on info tech and 
Zapatistas - I accidentally erased it, and with it your personal 
email address....

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