Date: Wed, 29 Oct 1997 12:04:38 -0500
From: Doug Henwood <dhenwood-AT-panix.com>
Subject: Re: M-TH: Marxian Economics


Gerald Levy wrote:

>Doug Henwood wrote:
>
>> We see a
>> rising ROP in the U.S., but the "unproductive" share is larger than ever.
>
>Yeah, so what?
>
>Marx never suggested that an increase in the employment of unproductive
>labour would necessarily manifest itself as a decline in the general rate
>of profit.

I guess I just don't understand the significance of obsessing over the
distinction then.

Doug





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