Re: [OPE] Just published: THE NATIONAL QUESTION AND THE QUESTION OF CRISIS (RPE, Vol. 26)

Paul B.,

The overproduction would be the classic problem of realization of
surplus value, for which unproductive labor is an aid to realization.

However, I am wondering (but not a result of anything) whether thinking
of unproductive labor as a 'response' to a problem of realization is an
appropriate representation, as it may implicitly suggest an ordering in
which accumulation of capital is at the top of an ordering.

Paul Z.

=====
(V23) HIDDEN HISTORY OF 9-11, Seven Stories Press, 2nd ed. softcover
(V24) TRANSITIONS IN LATIN AMERICA (V25) WHY CAPITALISM SURVIVES CRISES
(V26) THE NATIONAL QUESTION AND THE QUESTION OF CRISIS
====> Research in Political Economy, Emerald Group, Bingley, UK
====> P.Zarembka, Ed., www.emeraldinsight.com/books.htm?issn=0161-7230
.

On 11/26/2010 7:01 PM, paul bullock wrote:
>
> Ok, now I understand your concerns better... what is the
> ‘overproduction’ (of capital?) you refer to IF there is plenty of
> surplus value to keep accumulation going?
>
> Paul B.
>
> *From:* ope-bounces@lists.csuchico.edu
> [mailto:ope-bounces@lists.csuchico.edu] *On Behalf Of *Paul Zarembka
> *Sent:* 26 November 2010 23:47
> *To:* ope@lists.csuchico.edu
> *Subject:* Re: [OPE] Just published: THE NATIONAL QUESTION AND THE
> QUESTION OF CRISIS (RPE, Vol. 26)
>
> Paul B.,
>
> I am suggesting that capital has developed such a large capacity for
> surplus value production that it can easily sustain accumulation of
> capital. I am thereby suggesting that we need to understand much
> better upon what areas unproductive expenditures focus and whether
> capitalism is not in crisis when accumulation of capital - its seeming
> raison d'etre - represents a small fraction of the use of surplus
> value. I am suggesting that social relations of production in really
> existing capitalism are involving huge numbers of labor hours spent on
> unproductive labor and that this has been going on for a very long
> time. I am not suggesting any problem of "shortage of capital for
> accumulation" and thus continue to fail to understand your reaction.
>
> Perhaps this response may help you understand my point of view, driven
> by the empirical results. I am definitely not talking about the end
> of over-production, au contraire.
>
> Paul Z.
>

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Received on Sat Nov 27 08:46:21 2010