IMPORTANT: If you cite this message, OPE-L policy requires you not to reveal the identity of the author.
You may cite this message only if you do not disclose who wrote it.
Mike L asked:
> More significant, though, are the unanswered questions--- what is > the logic behind assuming the real wage constant, what are the conditions > necessary for this assumption to hold and what is its implication?
When the real wage is held constant by assumption it is for the purpose of presenting the theory of surplus value in its simplest and least complex form. The implication of this assumption is that, at a later stage in the presentation, it must be dropped. I.e. any category that is essential to the subject matter of capitalism which is 'given' by assumption at one stage of the presentation must be explained more concretely at a later stage (this is the point that I made previously about the "role of givens in Marx's theory" when addressing Fred's interpretation of _Capital_).
Yes, the assumption of the given real wage must be dropped, and Marx clearly intended to do so. But, why treat real wages that are variable as 'more concrete'? (Ie., this is not like moving from a discussion of capital in general to many capitals.) In his own explanation, he simply said that it wasn't necessary to consider changes in wages when the subject at hand was the understanding of capital. My question, though, is whether a problem in our understanding of capital is introduced as the result of this assumption--- which is why I'm nagging about the real conditions that would generate constant real wages given productivity increases. in solidarity, michael
--------------------- Michael A. Lebowitz Professor Emeritus Economics Department Simon Fraser University Burnaby, B.C., Canada V5A 1S6 Office Fax: (604) 291-5944 Home: Phone (604) 689-9510
- Re: indirect labor, the real wage, and the production of surplus value, (continued)
- Re: indirect labor, the real wage, and the production of surplus value, Rakesh Bhandari Wed 19 Nov 2003, 17:23 GMT
- OPE-L Value and the World Economy Today Production, Finance and Globalization Richard Westra, Alan Zuege, Rakesh Bhandari Wed 19 Nov 2003, 20:24 GMT
- Re: indirect labor, the real wage, and the production of surplus value, michael a. lebowitz Wed 19 Nov 2003, 04:03 GMT
- (OPE-L) Re: indirect labor, the real wage, and the production of surplus value, gerald_a_levy Wed 19 Nov 2003, 14:19 GMT
- Re: (OPE-L) Re: indirect labor, the real wage, and the production of surplus value, michael a. lebowitz Thu 20 Nov 2003, 02:08 GMT