(OPE-L) indirect labor, the real wage, and the production of surplus value

From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Thu Nov 06 2003 - 11:06:51 EST

Paul C wrote:

> This relates to prices not to values. A fall in the price of oil would
> just be a redistribution of value between property owners unless it was
> brought about by a change in the production technology.

So a fall in the price of oil couldn't have the indirect effect of
altering real wages?

Are you assuming that real wages can only change when there has
been a change in labor productivity?

In solidarity, Jerry

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