Jurriaan ------------- Marx never believed that a "uniform rate of profit" existed in reality, he was only talking about the minimum conditions for longer-term business viability under competitive conditions (the Farjoun/Machover chaos crowd are tilting at a straw man here).
Paul ----- You are right about Marx, but they were tilting at Samuelson and Steedman who did their work on the basis that there did exist a uniform rate of profit. Certainly the latter two assume that the rate of profit is uncorrelated with the organic composition. The University of Glasgow, charity number SC004401 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
