Re: [OPE-L] Marx on the 'maximum rate of profit'

From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Fri Nov 03 2006 - 05:48:15 EST

A draft of the paper which appeared in Science and Society can be found
on my web page:

ABSTRACT. The paper summarises the definitions of productive labour
derived from Smith and Marx. It attempts to develop a more general
definition deriving from the theory of relative surplus value. The
of the new definition for the examination of highly socialised
capitalist economies like Sweden are examined.

It does not directly address the issue being debated with Ian W since
That concerns mainly the question of whether capitalist consumption
should be counted as value preserving. My point was that capitalist
consumption was way above what is necessary to reproduce their
capability to perform the labour of superintendance and as such should
not be counted as passing into the value of the product.

-----Original Message-----
From: OPE-L [mailto:OPE-L@SUS.CSUCHICO.EDU] On Behalf Of Jerry Levy
Sent: 03 November 2006 01:38
Subject: Re: [OPE-L] Marx on the 'maximum rate of profit'

Paul C:

Does your jointly written article with David Zachariah, "Hunting
Productive Work" [_Science & Society_,  Vol. 70,  #4,
October 2006] speak to the this issue?  Can you send an

In solidarity, Jerry

PS: in the same issue I wrote a brief review of Fine and
Saad-Filho _Marx's Capital_.

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