[OPE-L:3195] Re: "orthodox" Marxism

Paul Cockshott (wpc@cs.strath.ac.uk)
Tue, 1 Oct 1996 01:11:02 -0700 (PDT)

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>(4) Quite frankly, I don't think that the falling rate of profit caused by
>labor-power shortage theory of crisis as presented by Uno and some other
>Japanese Marxists (including Makoto) has been given a fair hearing outside
>of Japan.

Shortages of labour were probably significant in causing a falling rate
of profit in the UK during the 1950's and 1960s, from my analysis of the
economic statistics of the period at least.
Paul Cockshott