From: Paul Zarembka (zarembka@BUFFALO.EDU)
Date: Wed Apr 28 2004 - 16:09:45 EDT
Paulo, If you'd permit a rephrasing, I'd agree to: "But isnīt *capitalist development* that cannot produce additional surplus value an interesting case from the point of view of an analysis of the limits of capitalism?" In fact, it is very interesting! Note that I'm struggling to avoid letting "capital accumulation" swim around to be used for many, many purposes, as thus for no purpose. Paul ************************************************************************* Vol.21-Neoliberalism in Crisis, Accumulation, and Rosa Luxemburg's Legacy RESEARCH IN POLITICAL ECONOMY, Zarembka/Soederberg, eds, Elsevier Science ********************** http://ourworld.compuserve.com/homepages/PZarembka On Wed, 28 Apr 2004, Francisco Paulo Cipolla wrote: > But isnīt capital accumulation that cannot produce additional surplus value > an interesting case from the point of view of an analysis of the limits of > capitalism? > What you describe would be such a case! > Paulo > > Paul Zarembka wrote: > > > > 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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