Regarding Eagly's period of production, I once did a piece about Sraffa --
it also relates to Marx -- showing what happens if you change the social
division of labor. Marx had an example where the unbrella handle makers
vertically integrate. In Sraffa's world the production matrix loses a
dimension and the rate of profit would increase.
It was one of those papers where editors were divided about the reasons
for rejection. Half said everybody knows that; the other half declared that
I was wrong.
For Marx, the unbrella handles are no longer constant capital, with the new
social division of labor. Unbrella handle labor becomes living labor for
umbrella makers.
-- Michael Perelman Economics Department California State University Chico, CA 95929Tel. 916-898-5321 E-Mail michael@ecst.csuchico.edu