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

From: glevy@PRATT.EDU
Date: Mon Dec 08 2003 - 13:42:53 EST


Paul C wrote:

> [...]I do think we
> need an explanation of the relatively stable
> wage share in national incomes. [...]

Is that explanation, though, to be found through 'basic
theory' or through conjunctural and class analysis?

As an empirical and historical matter, how 'stable' is
that share -- and over what time period -- when
put in the context of the international capitalist
economy rather than individual capitalist social formations?

In solidarity, Jerry


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