From: Paul Zarembka (zarembka@BUFFALO.EDU)
Date: Fri Oct 13 2006 - 18:11:16 EDT
Ajit, I was principally asking about the basis of your concern expressed by saying "capital cannot be measured by direct and indirect labor-time". For either C or C+V, is your concern joint production or something more/else? C'est la question. Paul Z. Quoting ajit sinha <sinha_a99@YAHOO.COM>: > --- 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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