On Sat, 21 Oct 2000, Rakesh Bhandari (bhandari@Princeton.EDU) wrote: > I introduced one (count it: ONE) complicating. albeit > utterly realistic, assumption to your non complex but > utterly unrealistic simple reproduction tableau--that > productivity would be 5% greater in this period than in the > last. No, when the assumption of increasing labour productivity didn't "do the trick" you introduced the additional assumption that the _value_ of the means of production carried forward had increased. This was unrelated to your previous ad hoc assumption, which implies only that the physical quantity of means of production carried forward would be greater than that used up at the outset. The value of means of prod carried forward can increase only if the rate of surplus value increases or there is more labour employed. Either of these assumptions would, as I said, simply "change the subject" by altering the value system that we were trying to transform to prices of production. Allin Cottrell.
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