[OPE-L:5214] RE: Re : Luxury goods and profit rate

andrew kliman (Andrew_Kliman@msn.com)
Sun, 8 Jun 1997 09:40:02 -0700 (PDT)

[ show plain text ]

A response to Rieu's ope-l 5211.

(1) He writes: "TSS theorists, like Andrew, define the value of labor-power
as the value of wage goods."

This is false. I don't think any TSSer has done that. This one certainly

(2) In a post I just sent off, I show that the "independence of the profit
rate from the luxury sector is" NOT "a consequence of holding the workers'
consumption constant." It IS a consequence of the replacement cost

Andrew Kliman