Re: Nestor's class collaboration

["Gorojovsky" <Gorojovsky@xxxxxxxxxxxx>]

En relación a Nestor's class collaboration, 
el 25 Oct 01, a las 3:30, Xxxx Xxxxxx dijo:

> Workers are underpaid everywhere, Nestor, that's the whole point of
> extracting surplus value but they are significantly better paid in Argentina
> than, say, in Malaysia or Nigeria

Again, ignorance reigns unchallenged.

The actual wages are set by the general level of prices. In Argentina, I have 
seen an _American businessman_  ask the bartender who was charging his coffee 
"Do you put gold in it?", so expensive things are. Thus, the _nominally_ high 
wages in pesos are reduced to misery when compared with local prices.

On the other hand, do you think that it is the wage rate which determines the 
overall flow of capital in the world system?

If you do, Xxxx, then you must have been a good student at Milton Friedmann's 
classes.

Oh, my.


Néstor Miguel Gorojovsky
gorojovsky@xxxxxxxxxxxx

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