Rakesh wrote: > If the variable capital goes from turning over once a year to twice a year, then the rate of surplus value (s/v) has to be doubled... < It is the stock of variable capital that turns over. While the annual flow of variable capital remains the same, the stock of variable capital might shrink from four weeks' outlay of wages to two weeks, for example because sales revenue comes in faster. A change in the stock V is not a change in the flow v, and it is the latter in ratio to s that defines the rate of surplus value. (There's a numeric example in my book From Capitalism to Equality on page 92.) Charles Andrews Web site for my book is at http://www.LaborRepublic.org
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