[OPE-L] Marx on the 'maximum rate of profit'

From: Jurriaan Bendien (adsl675281@TISCALI.NL)
Date: Tue Oct 31 2006 - 07:50:11 EST

As regards all US corporations with a positive income in 2003, labour costs
(deducted from total receipts) are itemised by the IRS as follows (rounded):

Compensation of corporate officers $273 billion
Salaries and wages $1,481 billion
Pension, profit-sharing, stock bonus, and annuity plans $108 billion
Employee benefit programs $192 billion

Clearly the income of corporate officers is quantitatively quite significant
as a fraction of labour costs.


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