From: Francisco Paulo Cipolla (cipolla@UFPR.BR)
Date: Wed Apr 28 2004 - 15:24:44 EDT
But isn�t capital accumulation that cannot produce additional surplus value an interesting case from the point of view of an analysis of the limits of capitalism? What you describe would be such a case! Paulo Paul Zarembka wrote: > > Finally a point directet to Zarembka: I wonder why we can�t consider a > > situation in which there augmentation of means of production whitout > > increasing the labor force as Accumulation of Capital? After all it is > > still conversion of surplus value into additional capital, except that > > due to a combination of slow growth and rapid increase in technical > > composition the labor force stay the same or even contracts in number. > > Paulo > > Paulo, If the same hours of labor power is engaged, the same value is > produced. If real wages is constant and there is no production of > relative surplus value, then surplus value also hasn't changed. If > there is, however, production of relative surplus value, so that s/v > rises, then we call it 'production of relative surplus value'. To ALSO > call the latter 'accumulation of capital' only leads to confusions. Paul
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