From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Thu Oct 12 2006 - 08:42:10 EDT
Hi Ajit: My position on Marx's perspective on wages is that it can only be understood in the context of the logic of the 6-book-plan. My perspective on wages is that it can only be grasped in general with reference to the inter-relation of capital as a whole, class action, the state, foreign trade, and the world market. More specific understanding of wages in a social formation, region, etc. requires a grasp of the empirical and historical data and the historical realities of stratification and discrimination in the market for labour power. Like yourself -- even more so -- I have made my thoughts on these issues known on this and other mailing lists over the years and I don't want to bore listmembers by repeated it all over again at length. In general, I endorse Mike L's perspective on wage determination. In solidarity, Jerry PS: > You need to develop confidence to say something, otherwise > there is no point in writing. I am 52-years-old and I can honestly say that you are the first person who has suggested that I lack self-confidence.
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