Re: [OPE] Open problems in Marxist economics: Workers' savings

From: Gerald Levy <>
Date: Thu Apr 08 2010 - 10:50:22 EDT

>I agree with what you say below, which is why it is not clear that one can
> workers savings as part of V.

Hi Paul C:

What's the alternative - treating V in a Lassallian sense (the Iron Law of
as the money required to reproduce the working class at a strict, physical,
level irrespective of spatial and temporal (including cultural and 'moral')
considerations? Surely, V must not only include an amount sufficient for
the subsistence
of workers today but their continued reproduction - and that, in many
cultual contexts-
requires workers' savings.

In solidarity, Jerry

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Received on Thu Apr 8 10:56:07 2010

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