[OPE-L:3120] Re: The Maximum Rate of Profit and v = 0

John Ernst (ernst@nyc.pipeline.com)
Wed, 25 Sep 1996 07:26:40 -0700 (PDT)

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Let's define that max rate of profit as (v+s)/c as v
APPROACHES 0. Can we then assume the issue is
closed and that examinations of this max rate can be
meaningful in certain contexts.


On Sep 25, 1996 06:26:44, 'Gerald Levy <glevy@pratt.edu>' wrote:

>(1) Define accumulation of capital.
>(2) Assume v = 0.
>(3) If other assumptions are made, we can derive a "maximum rate of
>(4) The *maximum* rate of profit happens, subject to the above, *only* in
>the case where accumulation of capital is non-existent.
>If someone can tell me how this is a "meaningful" result in any sense of
>the term, then please don't show me what a result that is not meaningful
>In OPE-L Solidarity,