[OPE-L:2524] capital-using, capital-saving technology

Michael Perelman (michael@ecst.csuchico.edu)
Fri, 14 Jun 1996 06:31:15 -0700 (PDT)

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Andrew mentioned Marx's inconsistency in this matter. His idea was that
modern production methods begin in the consumer industry (cotton) where
traditional artisans assemble modern machinery. Later, the machines
themselves begin to be made with modern techniques.
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 916-898-5321
E-Mail michael@ecst.csuchico.edu