Yes, if a + b = c, c - a = b. I knew that. By residual I meant 's' was described to my ear at least as not reflecting some behavioral or systemic process, but as merely the outcome of such processes in determination of c and v and the output price.
On Thu, May 16, 2013 at 5:03 PM, Shane Mage <[email protected]> wrote: > > On May 16, 2013, at 4:26 PM, Max Sawicky wrote: > > > Your 's' sounds like a residual. > > > Any variable in an additive relationship whose sum is known (money > national income) can be calculated as a residual. In fact, the monetary > value of s is more directly known (as the after-tax sum of property incomes > plus executive salaries) than either v or c, because calculation of those > variables depends crucially on the distribution of wage income between > productive (commodity-producing) and unproductive (overhead) labor and of > government expenditures between social variable-capital wages (expenditures > that absent government would be required, as variable capital, for the > reproduction of productive labor power) and system maintenance (including > the social wage of unproductive laborers whether in the private-capitalist > or government sectors). > > > > Shane Mage > > > This cosmos did none of gods or men make, but it > always was and is and shall be: an everlasting fire, > kindling in measures and going out in measures. > > Herakleitos of Ephesos > > > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > >
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