[OPE-L:3627] Re: Laibman on the output ratio and the OCC

Paul Cockshott (wpc@cs.strath.ac.uk)
Fri, 8 Nov 1996 00:59:58 -0800 (PST)

[ show plain text ]

>1. I do not know why Paul mentions the "level of
>accumulation in OPE-L 3615. Paul, could you

Paul C:
Changes in the organic composition are determined by the
relative rates of growth of the capital stock and the workforce.
If the growth of the labour force is low, as it is in mature
capitalist countries with low birth rates, then any significant
net accumulation will raise the organic composition.

There is however, no necessity for there to be significant
net accumulation.

Paul Cockshott