>>>You still don't get it. Even if there is enough demand takes up 100%
>>>of the production, the profitability drops because the stuff can be
>>>produced cheaper, but the firms who invested in the
>>>oldertechnmologies have these huge sunk costs taht they cannot nake
>>>back.
>>
>>Still don't u
>
>>
>>You still don't get it. Even if there is enough demand takes up 100%
>>of the production, the profitability drops because the stuff can be
>>produced cheaper, but the firms who invested in the
>>oldertechnmologies have these huge sunk costs taht they cannot nake
>>back.
>
>Still don't und
>>I thought I was pretty mild.
>
>Referring to your interlocutor as desperate and inward turning is
>clearly not mild,
I refereed to the theory that way, and not to any of its advocates.
but I suspect that I shall be blamed for the
>rancor
>on the list as I was supposed to take the heat for Paul
>
>I thought I was pretty mild.
Referring to your interlocutor as desperate and inward turning is
clearly not mild, but I suspect that I shall be blamed for the rancor
on the list as I was supposed to take the heat for Paul Phillips'
explosion.
>
>>
>>Moreover, note that I raised the questio
>
>Justin, you expect us to move on after you characterize my attempts
>as inward turning--this is exactly what the Marxian law of value is
>not!
Well, I'm out of energy, anyway.
And these are not the points I am after, as should be clear to
>you after years of debate. There is a willful ignora
>R, I think we have reached the point of diminishing marginal
>returns. I agree with Fred Guy: the work on the LTV for a century
>has been a desperate, inward-turning attempt tos how that it can be
>made coherent in the face of increasing masses of fatal objections,
>and it's not doing real w
R, I think we have reached the point of diminishing marginal returns. I
agree with Fred Guy: the work on the LTV for a century has been a
desperate, inward-turning attempt tos how that it can be made coherent in
the face of increasing masses of fatal objections, and it's not doing real
work.
