On Mon, 14 Apr 1997, Paul Cockshott wrote:
> > Keynes thought the direction of the rate of profit is to zero. For
> > Marx it would take surplus value falling to zero or the composition of
> > capital rising to infinity. The first possibility is not worth
> > discussing. The second forgets that constant capital is defined on labor
> > time and there are major technological improvements in the production
of
> > constant capital.
>
> Why is the first not worth considering?
If surplus value=zero, labor has the whole pie and capital dies.
Paul