John wrote in #4222:
> Given that capitalists choose techniques on what
> basis do they do so? We assume that the choice
> will be based upon the various anticipated rates of
> profit. But how do they figure the rate of profit?
Then in #4224, he wrote:
> I do not think this is at all useful to the issue at hand. That is,
> the question I raised applies to rate of profit calculations whether
> they are carried out ex-ante or ex-post.
What assumptions are you making regarding capacity utilization?
Please specify.
In solidarity, Jerry