Re: (OPE-L) Re: the real wage, and the production of surplus value

From: Rakesh Bhandari (rakeshb@STANFORD.EDU)
Date: Tue Dec 09 2003 - 00:28:21 EST

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I think Dumenil's website has his study of profit and wage shares in
the neo-liberal period. I don't understand this discussion: if the
profit share is constant while the number of capitalists tends
(however slowly) to fall over time as a result of concentration and
centralization of capital, then does not a constant profit share
indicate a narrowing of the base of social power?
Yours, Rakesh

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