Re: (OPE-L) Re: Dynamic value and natural price

From: Philip Dunn (pscumnud@DIRCON.CO.UK)
Date: Fri Nov 07 2003 - 13:59:48 EST


Quoting gerald_a_levy <gerald_a_levy@MSN.COM>:

>
> Hi again Phil.
> Capitalists typically put _themselves_ on payroll and pay themselves a
> salary as a reward for their "entrepreneurial ability".   Does this then
> mean that they are productive of surplus value?  _That_ worries me.
>

Hi Jerry

It would be interesting to measure the natural wage rate of these entrepreneurs,
supposing them to be productive. If it turned out to be much lower than their
hourly pay, then it could be said that they were, to that extent,
unproductive.


Phil


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