From: Paul Zarembka (zarembka@BUFFALO.EDU)
Date: Tue Apr 27 2004 - 16:28:02 EDT
> Finally a point directet to Zarembka: I wonder why we canīt consider a > situation in which there augmentation of means of production whitout > increasing the labor force as Accumulation of Capital? After all it is > still conversion of surplus value into additional capital, except that > due to a combination of slow growth and rapid increase in technical > composition the labor force stay the same or even contracts in number. > Paulo Paulo, If the same hours of labor power is engaged, the same value is produced. If real wages is constant and there is no production of relative surplus value, then surplus value also hasn't changed. If there is, however, production of relative surplus value, so that s/v rises, then we call it 'production of relative surplus value'. To ALSO call the latter 'accumulation of capital' only leads to confusions. Paul
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