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Re: super profits



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



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