Paul C:
Relative surplus value can be increased be increasing the productivity of labor
through technological change or by increasing the intensity of labor. In either case,
this can arise without a corresponding decrease in the prices of means of
consumption for workers. Of course, it _can_ lead to this but it doesn't
_necessarily_ have that effect. This increase in output/worker/hour increases
the proportion of the working day required for necessary consumption and thereby
extends surplus labor time. Just because it takes workers less time to produce the
total output doesn't mean that their customary standard of living will increase.
In solidarity, Jerry
> Relative surplus value arises from the cheapening of the elements of
> consumption measured
> in labour cost relative to a fixed working day.
> Absolute surplus value arises when the working day is extended beyond
> the pre-industrial norm.
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Received on Tue Feb 24 08:31:15 2009
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