C. Rakesh,
I've become increasingly less convinced that the OCC has anything at all to do with profits. After all, any society, no matter how it's organized, will have an ever-increasing stock of capital goods. Besides that, capitalism does not require more capital to be more profitable but a higher state of technological art. After all, many technologies are designed specifically to *reduce* the amount of capital required for a given industrial process.
Any thoughts?
peace
p.s.- Bringing the idea of labor value into the thing simply begs the question. We can't assume that less value is being put out if that is what we are trying to prove.