Re: [OPE-L] monetary macro interpretation

From: Fred Moseley (fmoseley@MTHOLYOKE.EDU)
Date: Sun May 28 2006 - 16:52:29 EDT

On Sat, 27 May 2006, Jerry Levy wrote:

> Fred,
> In the following you assert that "each and every worker produces
> surplus-value"  and that the "average worker" (which "represents
> all workers together") produces surplus-value.  This is a very odd
> formulation -- especially from you -- since it assumes that all labor
> performed by workers is productive of  surplus-value (i.e. productive
> labor as a proportion of the total labor equals 100%; unproductive labor
> as a proportion of the total labor performed by wage-workers equals 0%).
> Yet, in some of your published writings you emphasize the importance,
> and the growing importance, of unproductive labor in relation to the
> process of  capitalist accumulation. Ce' pasa?
> In solidarity, Jerry

Jerry, I obviously meant to say all productive workers.
This is a separate issue from the aggregate / individual issue
that Rakesh and I are discussing.

Thanks for your correction.


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