Re: [OPE-L] Marx on the 'maximum rate of profit'

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
>


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