Date: Thu, 12 Apr 2001 17:38:49 -0400 (EDT)
From: eddiem <eddiem-AT-dojo.tao.ca>
Subject: Re: AUT: Japanese Economy




On Wed, 11 Apr 2001, Ilan Shalif wrote:
>
> > >In short the problem of the Japanese
> > >economy is the problem of capital. This is why we must abolish capital and
> > >not restructure it.
> > >
> > >Regards
> > >Karl Carlile
> >
> > thanks for telling us that Karl. i'm sure we wouldn't have known otherwise.
> > does anyone have any useful ideas about why the Japanese economy has been so
> > crap in the last ten years?

> It is NOT caused by the diminishing rate of profits...  though it occur
> when accumulation of capital exceed the increase of surplus value...

pardon my ignorance, but this statement confuses me somewhat. aren't
'capital' and 'surplus value' one in the same? what do you define as 'capital'
to differentiate it's accumilation from an increase in surplus value(resulting
from capitalist/state offensives upon worker organizations and other
measures to reduce overall cost?)
eddie
Student Worker Action Group
Edmonton,canada



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