RE: [OPE] webpage computing dynamic rate of profit

> One has to distinguish the rate of return on investment in equities which is affected by all
> the volatility of the stock market from the rate of return on real productive investment.
 
 
 
Hi Paul:
 
Well, a demystified formula for the rate of profit from a Marxian perspective
should include surplus value (S) and allow for S to be increased in ways other
than just through increasing investment in (constant) capital stock. If V and
S aren't included in the formula then it makes comparisons of the rate of
profit to the organic composition of capital and the rate of exploitation more
difficult: i.e. if you include c, v, and s in all three formulas then you shouldn't
have a comparing apples and mangos type problem.
 
In solidarity, Jerry_______________________________________________
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Received on Mon May 18 08:25:29 2009