[OPE-L:1118] Re: Constant or Changing Social Values

John R. Ernst (ernst@pipeline.com)
Mon, 19 Feb 1996 08:43:57 -0800

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On Mon, 19 Feb 1996 Paul_Cockshott <wpc@cs.strath.ac.uk> said:

>Does competition bring about the price changes
>that lead to an FRP?
>This is essentially a macroeconomic issue
>not a microeconomic one. It relates to the
>aggregate conditions of accumulation, and
>as such one fails to take into account many
>important factors if one poses it at the
>level of competition.


So far, I agree. The question is, What are those
"aggregate conditions"?