Re: [OPE-L] accumulation of capital and the working class

From: GERALD LEVY (gerald_a_levy@MSN.COM)
Date: Wed Jan 09 2008 - 17:00:31 EST

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> In my opinion the only way to make sense of the concept of capital accumulation is in terms of the growth in the value of the stock of 
>  means of production used as capital.
 
 
Hi Paul C:
 
Doesn't V figure at all in the accumulation of capital?  
 
Your formulation above seems to suggest that the total 
capital is represented by the value of the means of
production rather than C + V.  If I understand Paul Z
correctly, that puts your conception of 'capital accumulation'
diametrically opposed to his.  
 
In solidarity, Jerry

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