On Wed, 16 May 2001, you wrote: > In 5587, Paul C. wrote: > On Tue, 15 May 2001, you wrote: > > Re John's [5573]: > > > > Yes, they would be creating more value during > > the same working hours (i.e. there would be no > > increase in absolute surplus value). > > Increase in productivity does not equate with increase > in value. Au contraire to relative devaluation of the product. > > > My comment: Ultimately, you're right. However, if we look at > the way Marx introduces us to the concept of relative surplus > value, we find workers creating more *social* value immediately > after productivity doubles. Recall that workers are generating > social values greater than the individual value they produce as > the productivity doubles. Marx notes that this is an increase > in the rate of surplus value. This is an effect of considering individual firms within an industry. The more productive labour in that case counts as more than 1 hour per hour, since the mean prodictivity is lower. Jerrys example was of a rise in productivity in a whole group of industries not in individual firms in the industry. Under these assumptions what you have is devaluation of the product. > > John -- Paul Cockshott, University of Glasgow, Glasgow, Scotland 0141 330 3125 mobile:07946 476966 paul@cockshott.com http://www.dcs.gla.ac.uk/people/personal/wpc/ http://www.dcs.gla.ac.uk/~wpc/reports/index.html
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