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

From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Fri Nov 21 2003 - 08:57:13 EST

Mike L asked:

>   So, do you conclude that, all other things equal, the effect of
> productivity increases in this case will be real wages rising at the rate
> of productivity and, accordingly, a constant rate of surplus value?

No, not really.   Unless there is a meaningful mechanism that would
adjust real wages to a change in productivity such that real wages
will grow by an amount equal to the rate of growth of labor
productivity (or when there is declining productivity, cause a
reduction of real wages by a rate equal to the rate of reduction in
labor productivity)  there is no reason to come to this conclusion.

In solidarity, Jerry

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