[OPE-L:3279] Re: TSS and value added

John Ernst (ernst@nyc.pipeline.com)
Fri, 4 Oct 1996 20:04:30 -0700 (PDT)

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Which of the ones that you listed are capital-saving?
What is the evidence that they are?


On Oct 04, 1996 19:49:27, 'Gerald Levy <glevy@pratt.edu>' wrote:

>John wrote in [OPE-L:3277]:
>> I, agreeing with Marx, am saying that the advances are both labor saving

>> and capital saving. If you are claiming that any of the examples you
>> listed differ, I'd like to see some numbers.
>The examples I gave in #3271 were of branches of production "where
>labor-saving forms of technical change are common." There is plenty of
>empirical evidence in the field of industrial organization to support the
>proposition that where technical change in means of production are
>occurring in most branches of production, they are *most frequently*
>labor-saving. I can provide sources at another time if you are interested.

>It might be helpful to recall that what I was responding to in #3271 was
>your #3269. There you wrote:
>> I have no doubt that there is considerable macroeconomic evidence
>> for this pattern. However, there is scant evidence on the micro
>> level in the period of large scale industry. <snip>
>I believe that my posts #3271 and #3275 spoke to the question of whether
>there was "scant" evidence on the micro level.
>> 1. I work with printers and folks in the mailing industry. I have
>> yet to see or hear of anyone selling a machine or a set of machinery
>> that does not increase output more than the increase in the investment.
>#3275 explained why the mailing industry can be viewed as abnormal.
>> To be sure, this is only one small part of the economy.
>> Yet, when I asked for examples of these types of investments, only you
>> Michael P. , and Paul C. responded.
>Now I have as well.
>> I do not mean to dismiss Michael's, Paul's or your examples as
>> insignificant. But I do think if we are to even suggest that
>> investment takes place on the micro level that immediately
>> conforms to the "Marx-biased" pattern on the macro level,
>> more examples should would be forthcoming.
>Now you have them.
>In Solidarity,