One important conclusion is that the materialized composition c/(s+v)
is relatively stable since about 1950; it is the rise in s/v which leads
to the organic composition c/v rising (i.e., technological changes are
not what drives c/v up).


Paul

^^^^^
CB: Rise in s/v leads to a rise in c/v = c/(v+s) seems to imply that it
is a rise in v that leads to a rise in s/v.
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