I wrote, Tom: I'm not clear if you missed the all-important "wink" at the end of my comments to Doug. Marx spent twice as many pages (K, vol. III, chs. 14 and 15) elaborating the "countertendencies" as he did the tendency itself (ch. 13). In my reading of CAPITAL, Marx was arguing not *for* but *against* the Ricardian notion that the rate of capital falls. Of course in the last sentence I meant that the rate of *profit* falls, not the rate of *capital*. Sorry for the typo. It was 5:00 AM when I wrote that. Blair Blair Sandler [EMAIL PROTECTED]
