(OPE-L) how long is a period?

From: Gerald_A_Levy@MSN.COM
Date: Wed Nov 10 2004 - 08:48:26 EST


Rakesh wrote:

> No precise year could ever be deduced from Bauer's model anyway. Each
> period could represent a month or a decade. The initial conditions
> are arbitrarily postulated and a change in them would obviously
> change the year of economic breakdown.

Why not a century?  Why not a millennium? Doesn't there have to be
some correspondence between theoretical time and real time?
Without such a correspondence, then the "breakdown" that
Grossmann postulates could be deemed to be potentially so
distant in the future that workers and capitalists need not be
concerned about it.

In solidarity, Jerry


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