From: Paul Zarembka (zarembka@BUFFALO.EDU)
Date: Fri Oct 13 2006 - 16:11:02 EDT
Ajit, Are you refering to the problem of joint production in the measurement of "C" (you mention "capital") or something else? If something else, what specifically? Thanks, Paul Quoting ajit sinha <sinha_a99@YAHOO.COM>: > > > You should > > > note that it is well accepted that the formula for > > the > > > rate of profits as S/(C+V) is wrong, so you need > > to > > > check Sraffa to see whether the proposition you > > think > > > is obvious is all that obvious or not. > > > > Ajit, please tell us in what respect S/(C+v) is > > wrong according to > > others. There are a lot of dimensions of this issue > > and I cannot tell > > which you are referring to. > ________________________ > Simple, capital cannot be measured by direct and > indirect labor-time. Cheers, ajit sinha
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