From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Wed Nov 12 2003 - 07:40:35 EST
Replying to Mike L, Ajit wrote: > In Marx's theory real wages are > taken as given at any point of time, as the real wages > are supposed to be determined in a long term > socio-historical context (and not just class > struggle). Let me ask you a 'non-Marx question' first: If real wages only change in the long-term, then when the purchasing power of money wages changes over the short-run or medium-term during inflationary or deflationary periods, what is the name for that? If 'real wages' haven't changed, then what has? In solidarity, Jerry
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