Andrew asked in [OPE-L:3316]:
> A question: what do you think about my one-sector example (in my paper
> on the Okishio theorem in the Freeman/Carchedi volume) that vindicates
> Marx's argument that it is "rational" for a firm to introduce
> labor-saving techniques which lower the general (social) rate of
> profit, because the firm can sell at (or close to) social value, which
> is higher than individual value, pocket the difference, and thereby
> raise its individual profit rate?
I didn't see the example because I don't have a copy of the Alan/Mino ed.
book since:
a) I haven't seen a review copy come on sale at any of the used bookstores
I frequent;
b) I haven't seen a new copy for sale at any of the retail bookstores I
went to; and,
c) no one has yet offered me a complimentary copy [hint, hint, wink, wink].
In Solidarity,
Jerry