From: brumback-AT-ncgate.newcollege.edu Date: Tue, 21 Apr 1998 23:29:22 -0700 Subject: Re: M-I: LTV: Nancy's Overseas Factory Thanks to David Stevens for his answer to the 3rd World riddle. I have trouble understanding this now, given the Marxian of the rate of surplus value. Under the formula, rate of surplus value = quantity of surplus value / wages, wages can be reduced to almost nothing, and surplus value still will be realized. But wages cannot be reduced to nothing, period, or the labor will have no value at all. Pretty tricky, heh? Nancy --- from list marxism-international-AT-lists.village.virginia.edu ---
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