RE: [OPE] webpage computing dynamic rate of profit

Date: Wed May 20 2009 - 08:57:58 EDT

> s/(c+v) tells us the ratio of the population producing surplus
> goods to those producing non surplus goods.
Hi Paul C:
It can't tell us that at all - indeed, there is no variable
which expresses the total population in the formula. What
it tells us, instead, is how much surplus _value_ has been
actually created by _wage-workers productively employed by
capital_. It is formula which only has meaning for the capitalist
mode of production because the variables are specific to that
mode. If you have any doubt about this, consider the meaning of V.
If one wanted to talk about socialism then one could instead
use the more general and trans-historical categories of surplus
product, means of production, and labor.
> is a simple dimensionless number.
It can have a time and spatial dimension.
In solidarity, Jerry_______________________________________________
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Received on Wed May 20 09:02:57 2009

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