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Yes. The class relations specific to capitalism are embedded in the 1st formula and obscured in the 2nd one.
Please elaborate what you mean. The class relation "embedded" in either formula is the amount of surplus labour. That is quite explicit.
//Dave Z
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, (continued)
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Dave Zachariah Fri 11 Jan 2008, 18:31 GMT
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Ian Hunt Sat 12 Jan 2008, 02:44 GMT
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Jerry Levy Fri 11 Jan 2008, 14:08 GMT
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Jerry Levy Fri 11 Jan 2008, 20:49 GMT
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Dave Zachariah Sat 12 Jan 2008, 01:10 GMT
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Jerry Levy Sat 12 Jan 2008, 02:26 GMT
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Dave Zachariah Sat 12 Jan 2008, 10:17 GMT
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Jerry Levy Sat 12 Jan 2008, 12:41 GMT
- Re: [OPE-L] accumulation of capital and the working class - actual non existence of variable capital, Dave Zachariah Sat 12 Jan 2008, 13:28 GMT