Lakshmi Rhone wrote: >.... Capital will not achieve a real boost in > profitability without a reduction in capital costs first and foremost > through centralization and a rise in the rate of exploitation. That will > make debts manageable and stimulate new accumulation, but the centralization > that it will take to reduce capital costs and create the unemployment > necessary for raising the rate of exploitation may well prove to be socially > intolerable. The safety net has been shredded.
you don't think that the rate of exploitation has risen of late, despite falling real wages and speed-up? -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
