[Marxism] OCC

Ambrose Andrews ambrose-bulk at vrvl.net
Sun Dec 9 18:52:13 MST 2012


On 10 December 2012 12:17, Philip Ferguson <philipferguson8 at gmail.com> wrote:
>
> Some of the text of Ambrose's reply to John Passant re OCC seems to be


Oops, yes indeed.


> missing.  I assume what Ambrose was saying is that each capitalist doesn't
> get back as profit what they exploit from their own workers, but a share of
> total profit across the economy as a whole, based on what part of the sum
> capital of the overall economy they hold .


Right, Thats what I was going to say, but in clumsier words.

Michael Roberts blog is very worthwhile.

Incidentally, yet another Canberra Socialist Alternative member, Peter
Jones is doing a PhD on aspects of the rate of profit.

  -AA.



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