On Mon, Mar 7, 2011 at 12:31 PM, c b <[email protected]> wrote:

> From: Sandwichman <[email protected]>
>
> It seems to me that these methodological objections melt into thin air once
> one begins to contend with the fact that in business practice, not just in
> data massaging, labor costs, wage rates, prices, profit margins etc. are
> determined on the basis of accounting conventions. The conclusion, then, is
> not merely that prices and labour costs correlate BUT that capitalist
> managers actively seek to bring about such a correlation.
>
> ^^^^^
> CB: Isn't this also sort of why the principles Marx enunciates in
> _Capital_ are almost self-evidently true in capitalism ?
>

Yes, that would be my understanding.

>
> ^^^^
>
> That is, we're  not talking about a natural process with some random some
> law-bound characteristics but about a goal-directed human intervention.
> This
> is like studying the correlation between freeway traffic volumes and work
> schedules. There's some random noise and there's some backward causation
> but
> for the most part the correlation results from intentional design -- the
> freeways were BUILT to ACCOMMODATE commute traffic.
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-- 
Sandwichman
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