[OPE-L:3938] Re: negative surplus-value

Paul Cockshott (wpc@cs.strath.ac.uk)
Mon, 6 Jan 1997 07:12:39 -0800 (PST)

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>If one continues to maintain the proposition that unproductive workers
>are paid out of surplus-value, then the continued existence of
>unproductive labour (even at a reduced rate) would require that s > 0.
Not if you take depreciation into account. If profits were sufficiently
negative they could exceed the wages of unproductive labour.

>Don't your figures deal with what you call the "apparent rate of surplus

No. The ones I gave for 1976 were pukka ones with all the proper
Paul Cockshott