Devine, James wrote:
In terms of value theory (as I understand it), "super-profits" are simply profits above the social average, which would be the average for the whole capitalist world. Persistent super-profits result from barriers to entry into an industry, raw-material rents, technological rents, and the like.
Yeah, I knew that. Where are they happening, is my question, and what's the mechanism through which U.S. workers are bribed with them?
Doug
- Re: super-profits, (continued)
- Re: super-profits, Devine, James Wed 15 Sep 2004, 22:26 GMT
- superprofits, Doug Henwood Tue 14 Sep 2004, 22:41 GMT
- <Possible follow-up(s)>
- superprofits, Charles Brown Wed 15 Sep 2004, 15:27 GMT
- super profits, Devine, James Tue 14 Sep 2004, 21:26 GMT
- Re: super profits, Doug Henwood Tue 14 Sep 2004, 21:32 GMT
- Re: super profits, Yoshie Furuhashi Tue 14 Sep 2004, 21:37 GMT
- Re: super profits, Doug Henwood Tue 14 Sep 2004, 21:56 GMT
- <Possible follow-up(s)>
- Re: super profits, Devine, James Tue 14 Sep 2004, 21:45 GMT
- Re: super profits, Doug Henwood Tue 14 Sep 2004, 21:56 GMT