From: ajit sinha (sinha_a99@YAHOO.COM)
Date: Fri Oct 13 2006 - 17:12:49 EDT
--- Paul Zarembka <zarembka@BUFFALO.EDU> wrote: > 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 ______________________ I mean (C+V) but it would also be correct if you take only C and leave the V out. ajit > > 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 > __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
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