From: cbcox-AT-rs6000.cmp.ilstu.edu (Carrol Cox) Subject: Re: NY Times, dem.rights, etc. Absolute Surplus Value. Date: Thu, 7 Mar 1996 16:04:22 -0600 (CST) On Jon's query over cheap labor as short-term solution. I am in the process of reading David Harvey, The Condition of Postmodernity, and have just reached the chapter, Theorizing the Transition," in which he suggests that since 1974 the role of absolute as opposed to relative surplus value has had a resurgence. This consists both of driving down the price of labor and increasing (absolutely) the work day. I haven't finished (or digested) the chapter, but the thought is interesting. Could we be in a period when "short-term solutions" are becoming longterm? Carrol Jon writes: > >> Hasn't the US recovered at least some of its predominance? > And isn't the US dollar still the world's most highly-coveted currency? > Jim Miller Seattle << > > Question on this. Hasn't the US comeback been based largely on driving down > the price of labor as a weapon against more efficent rivals? This is a > short-term solution compared to a "healthier" one of making long-term > investments in infrastructure and machinery. > > Jon Flanders > > E-mail from: Jonathan E. Flanders, 07-Mar-1996 > > > > > --- from list marxism-AT-lists.village.virginia.edu --- > --- from list marxism-AT-lists.village.virginia.edu --- ------------------
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