(OPE-L) Re: the real wage, and the production of surplus value

From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Mon Dec 08 2003 - 08:40:14 EST

Hi Ajit.  A quick question --

> <snip, JL>, we have not even opened the pandora box that
> in the world of prices of production and not equal
> value exchanges, it is not so easy to know how would
> prices move with changes in technology, given that
> changes in intermediary goods prices could cause
> 'perverse effects on all those price changes.

Are you thinking of  intermediary inputs where there is
rent such that the price of the intermediary commodities
is greater than their value (which then exerts a ratcheting
effect upwards on the prices of other commodities)? Or,
does Pandora's Box concern some other phenomenon?

In solidarity, Jerry

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