(OPE-L) Re: indirect labor, the real wage, and the production of surplus value

From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Thu Nov 20 2003 - 11:11:58 EST 

Mike L asked:

> Remember, though, it is the given real wage that I am questioning, though.
> My repeated question is-- what are the real conditions that would generate
> this if productivity is increasing?

Assuming that commodities are sold at their value and assuming
competitive  conditions,  productivity increases should result in declining
commodity prices, including declining prices for means of consumption
for workers. A given real wage, under these circumstances,  requires
*declining money wages*.

In solidarity, Jerry

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