[OPE-L:2853] Re: Value of labour power and real wage

Duncan K Foley (dkf2@columbia.edu)
Mon, 26 Aug 1996 12:24:35 -0700 (PDT)

[ show plain text ]

On Mon, 26 Aug 1996, Hans Ehrbar wrote:
(in part)
> (1) The capitalist class cannot afford to cream off all the benefits
> of rising technology for themselves because capitalism depends
> on the system appearing fair in some way to the workers, and this
> would be considered patently unfair. (Remember, the workers think
> they are paid for their labor, not their labor power).
Maybe so, but how does "capitalism" arrange this maneuver, organized as it
is with many competing capitalists?

Hi, Hans.