[OPE-L:4782] Re: the determination of real wages--query to Michael

Paul Zarembka (zarembka@acsu.buffalo.edu)
Mon, 14 Apr 1997 20:50:05 -0700 (PDT)

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Michael L., is this correct about you?:

On Mon, 14 Apr 1997, Ajit Sinha wrote:

> ... The slogan that wages are determined by
> "class-struggle" usually means that wages are determined by a bargaining
> process over the net output between the workers and the capitalists. This
> completely does away with the historical and cultural aspect of wages and
> its prior determination in the context of production of surplus as
> streatching of the labor-time beyond the necessary labor-time. All these
> ideas are extremely important to Marx. You will find that people who raise
> the slogan that wages are determined in the "class-struggle" are always in
> favour of the *given* money wages over the idea of *given* real
> wages....