From: Paul C (clyder@GN.APC.ORG)
Date: Sun Apr 25 2004 - 17:09:01 EDT
Gerald A. Levy wrote: >At the most basic level, the rate of accumulation of >capital (and whether there will be accumulation or >de-accumulation of capital) depends on the magnitude >of surplus value productively consumed by capitalists >relative to the magnitude of s unproductively consumed >(i.e. used for the purposes of individual consumption of >capitalists). > >-- What do we know about recent empirical trends > concerning the percentage of surplus value productively > consumed? > >-- Is it greater than or less than previous periods? > > > Very good questions, I dont know anything of international comparisons nor do I know what has happened in the UK over the last 10 years. >-- To what extent are there significant regional and international > variations in the rate of unproductive consumption? > >-- To what extent have the rates of the productive and > unproductive consumption of capital changed over the > course of the trade cycle? > >
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