Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital

From: Jerry Levy (jerry_levy@VERIZON.NET)
Date: Fri Jan 11 2008 - 15:59:30 EST

Jerry, do you think there is any advantage to measure profitability as s/(c+v) over s/K? The latter tells us the maximum growth of the stock of real capital.

Hi Dave:

Yes.  The class relations specific to capitalism are embedded
in the 1st formula and obscured in the 2nd one.

In solidarity, Jerry

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