From: glevy@PRATT.EDU
Date: Sun Sep 30 2007 - 06:53:39 EDT
> Jerry, you have to give me an argument to argue with > you. Names mean nothing to me. Hi Ajit: In that case, I'll take out the names below. >> If wages were decreased and/or the intensity of work was >> increased whether the rate of profit would rise, fall, or stay >> the same would depend on the *extent* to which these factors >> <...> would offset a decline in profitability (if there were indeed >> forces at work which exerted pressure on the rate of profit >> to decline). Why do you think this needs more explanation? Surely, you must be able to conceive how within your analytic framework, there are circumstances in which the rate of profit can continue to fall but at a lesser rate? In solidarity, Jerry
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