Re: exploitation

[briand@xxxxxxxxxxx (Brian Carnell)]

On Tue, 7 May 1996 17:57:37 -0700 (PDT), James Miller
<jamiller@xxxxxxxxxxx> wrote:

>
>   The rate of exploitation is the ratio of the surplus value to the
>variable capital advanced in wages. I believe that the rate of
>exploitation has increased. This boosts the profit rate.

How do *you* measure 'exploitation'?

>   The gains that working people have made in their standard of
>living are the result of workers' struggles for better conditions.
>These struggles counteract the normal tendency of capitalism
>to reduce wages (individual wages as well as social wages).
>   Capital tries to maximize profit. For the capitalist class as
>a whole, this is achieved by downward pressure on workers
>wages.

This is simply false since, of course, someone must *buy* the things
the capitalist produces.

-----------------------------------------------------------------

Brian Carnell                   http://www.net-link.net/~briand/
briand@xxxxxxxxxxx


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