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

From: Francisco Paulo Cipolla (cipolla@UFPR.BR)
Date: Fri Dec 12 2003 - 14:02:52 EST

Isn´t this precisely one of the variables which give rise to the
Goodwin´s model, Le/Lt, or employed labor force divided by total
available labor force? It seems to be a one sided view of Marx as it
abstracts from any growth of available labor force coming from
technological unemployment. In fact, the growth of wages as Le/Lt
increases could spur the use of labor saving methods of production,
thereby generating available labor force before the drop in the rate of
accumulation did it.

gerald_a_levy wrote:

> Paul C:  It seems to me that the *size of the (wage-) working
> population* as a percent of the total population must, from
> a theoretical and historical perspective, be a crucial variable
> in determining the wage share of national income.  Don't you
> agree?
> In solidarity, Jerry

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