Brad De Long wrote:
> Haven't these efforts at refutation (and those aimed at absolute
> immiserization of the working class) been successful?
>
It depends what you mean by successful. If you ascribe a crude theory to Marx, then it is easy to refute it. Did Marx actually insist that absolute immiseration or the falling rate of profit would inevitably occur?
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu