Sunday, February 26, 2012

graphs that make my gut wrench




 





so where does this take a wage class advocate !

the chains of value added are so indeterminate
so much edgeworth slack in the various barter  boxes

not to mention what in hell is a "return to capital"

ya ya

the gros surplus value has a certain meaning
err in a closed system
like market earth

at any level lower then that

nope !!!!

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now a refined prufrockian scepticism is a mere luxury

 and the goal of the wage class is  get a  macro wage
that is at the feasible "rate max"


share max ?

might be an accounting trick

so on the national  macro level
 just push push push  higher rates less hours
 till aggregate surplus vanishes