Date: Wed, 26 Mar 2008 11:59:48 -0400
From: "Charles Brown" <[EMAIL PROTECTED]>
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.
Charles,
I don't understand. Rising s/v with the workday stable (s+v constant)
implies v falling (not rising), and thus c/v rising even as c/(v+s) is
recorded as stable.
_______
Julio,
I really appreciate what you have been writing about the organic
composition of capital and people getting sucked into the falling tendency
of the rate of profit discussion.
Paul
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