Julio wrote:
This is wrong! Krasnov and Fridman [and
Oskar Lange and others] show that, in the abstract, expanded
reproduction with a growing organic composition can go on *forever* as
long as the surplus value rate is also allowed to increase.
Tugan-Baranovsky said the same thing:
"Even if all workers were replaced by machinery except for one
worker, this single worker would be able to put into motion the vast
mass of machinery, and with its help create new machines–and means of
consumptionÂ…The working class could disappear; this would not disturb
in the least the self-expansion of capitalism."
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