>High organic capital industries don't need the "right" to call on low
>organic industry pool of value, because the equalization of the profit rate
>(average profit rate) tendancy automatically redistributes surplus value
>from low to high organic industry. No?
Margaret Blair's studies of industries show absolutely no tendency towards equalization, despite the fact that an active takeover market should theoretically have accentuated those tendencies.
Has anyone studied sectoral profit rates in reported capitalist vs. Marxian value terms?
Doug