Re: [OPE-L] Theoretical issues concerning variable capital

From: ajit sinha (sinha_a99@YAHOO.COM)
Date: Thu Oct 05 2006 - 15:54:54 EDT

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--- Jurriaan Bendien <adsl675281@TISCALI.NL> wrote:

> I haven't got POCBMOC handy here to check chapter
> and verse, but I think
> Fred put it quite well:
>
> "The real wage in Sraffian theory is a specific
> bundle of goods, determined
> ex-ante (prior to prices and money wages), and
> determined independently of
> workers' consumption choices.  Moreover, it is
> assumed that each worker
> consumes the same bundle of goods.
_______________________
This is wrong! ajit sinha


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