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

> Paul C.,
> "An increase is unproductive expenditure has been the main means ... to
> raise the rate of profit". Do you suggest causation or correlation?
> Unproductive expenditure is an expenditure, after all, not a source of
> profits as such.
> Paul Z.

Hi Pauls:
 
Yes, and unproductive expenditures could be viewed, in the aggregate,
as a deduction from surplus value and hence a reduction in the rate
of profit (using the simple formula s/c+v).
 
In solidarity, Jerry
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Received on Sat Nov 27 13:13:29 2010