Distribution of Farm Productivity Gains

[michael at ecst.csuchico.edu]

Brad, productivity does not just translate into cheap food.  Processors
and suppliers also capture quite a bit of the productivity gains.


> 
> >
> >Of course the form of social organisation of the capitalist farm means
> >that the lion's share of productivity gains are translated into profits,
> >not wages.
> >
> >--
> >Jim heartfield
> 
> Ummm....
> 
> The wage share was still above 60% when I last looked. The lion's 
> share of productivity gains are translated neither into (farm) 
> profits nor into (farm) wages but into cheap food...
> 
> 
> Brad DeLong
> 
> 

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu