On 2002.03.20 11:54 PM, "Veneziani,R (pgr)" <[EMAIL PROTECTED]> wrote:
>
>
> I SAID: Let us start with the points of agreement:
>
> 1) Differential Ownership of Productive Assets (DOPA) is certainly necessary
> to
> have exploitation, at least in Roemer's model. (And I say it in my paper.)
>
On 2002.03.21 00:51 AM, "Devine, James" <[EMAIL PROTECTED]> wrote:
> One of the key differences -- perhaps _the_ key difference at the end of the
> day -- between Roemer and Marx concerns the means of subsistence. On the one
> hand, Roemer emphasizes "DOPA," which basically means that a minority
One of the key differences -- perhaps _the_ key difference at the end of the
day -- between Roemer and Marx concerns the means of subsistence. On the one
hand, Roemer emphasizes "DOPA," which basically means that a minority of the
population controls the means of production ("productive assets").
Gil writes:
>On the
>first question, I suspect the distinction Keynes is alluding to involves
>the difference between *physical* and *revenue* productivity.
OK, I get that
> An
>investment may lead to a new machine being built, but not necessarily to
>any money being made from the use o
Rakesh writes
>I also had written the following on which Gil did not comment:
>
>
>>To say that additional capital is increasingly in short supply vis a
>>vis the new and displaced laboring population as accumulation
>>progresses only means that in the course of accumulation the
>>primordial
Gil wrote, quoting me:
>
>The basis you offer for the first statement is
>
>>It is the scarcity of surplus labor in the production process that
>>ensures the relative scarcity of capital with respect to labor: the
>>diminishing flow of surplus value relative to rising minimum capital
>>requirem
Hello, Rakesh. You write in part
>Production (P) is explanatorily fundamental to the scarcity of DOPA
>(S) and thus the persistence of exploitation (E).
>
>That is, P=>E implies P+S=>E
>
>It's into the hidden abode of production one must enter to explain
>the persistence of scarce DOPA relativ