From: Paul Cooney (pcooney@GLOVESOFF.ORG)
Date: Tue Oct 10 2006 - 18:20:58 EDT
Although I havenīt followed this whole thread, in my opinion, the maximum rate of profit, defined as S/C, derived from V=0, is a limit to a particular mathematical expression of the rate of profit, namely the rate of profit= f(v) and does not reflect an historical tendency, though it is not a mathematical tautology, as it clearly contrasts with the idea of the maximum rate of profit being infinite. Paul Cooney Citando Jerry Levy <Gerald_A_Levy@MSN.COM>: > > I do not think the maximum rate of profit argument is a mathematical > > tautology since it is grounded on the idea of a rising composition of > > capital (rising c/L) which is a historical tendency of capitalism. > > > Paolo: > > It is worse than a tautology. If a maximum rate of profit existed > (as defined by modern Marxists, not Marx) then capitalism would > be both conceptually and historically impossible. > > In solidarity, Jerry > --
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