Re: [OPE-L] Theoretical issues concerning variable capital

From: Jerry Levy (Gerald_A_Levy@MSN.COM)
Date: Fri Oct 06 2006 - 20:29:59 EDT

> Wasn´t this done by the device of the falling maximum rate of profit
> used by several authors such as Shaikh, Okishio (Palgrave)...?

Hi Paolo:

In the falling maximum rate of profit,  doesn't v = 0?  If so,
then it has no bearing on the movement of wages relative
to profit.

In solidarity, Jerry

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