[OPE-L:3387] Re: TSS and Tech Change

Gerald Lev (glevy@pratt.edu)
Sun, 13 Oct 1996 10:49:58 -0700 (PDT)

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John wrote in [OPE-L:3384]:

> At any rate, I'm in basic agreement with Andrew that given the
> typical interpretation of value, an increase in c/(v+s) is often
> taken to mean an increase in the constant capital to output ratio.
> As I have stated previously, few have seen anything like this on
> the micro level in the period of modern or large-scale industry.

As I have stated previously, there is plenty of micro evidence to suggest
that within different branches of production, the constant fixed
capital/output ratio can grow or remain stable as a result of technical
change.

In Solidarity,

Jerry