Profit: Ahab braves the waves

jones/bhandari djones at
Sat Oct 7 12:54:19 MDT 1995

Steve has opened up another fascinating debate (I will get Khalil's paper);
before we determine whether the profit rate will fall (faster) under
socialism, we should determine beforehand whether the law of value will
also then prevail.  I have raised the question to Jim of to what extent the
law of value existed before capitalism; so I am only raising again the
debate about historical specificity of  value.  


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