From: GERALD LEVY (gerald_a_levy@MSN.COM)
Date: Sun Dec 16 2007 - 09:49:24 EST
> However, I don't think neither concept is very meaningful in the shorter> term analysis of the division of net product and of the total social> labour time, or the rate of exploitation. In that analysis one has to> look at the labour-value of the real wage. Hi Dave Z: I agree that for short-run analysis, one would be better off examining changes in real wages. In solidarity, Jerry
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