[OPE-L:4757] Re: the determination of real wages---- and a puzzle

Ajit Sinh (ecas@cc.newcastle.edu.au)
Mon, 14 Apr 1997 04:37:31 -0700 (PDT)

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At 02:08 PM 4/12/97 -0700, Mike Lebowitz wrote:
My position (which
>I think was Marx's) is that wages are determined by class struggle, which
>means they can go up or down even with the existence of trade unions (and,
>of course, are constrained at the top by the requirements for the
>reproduction of capitalist relations of production).

Could it rise even when rate of unemployment is rising?

Cheers, ajit sinha