[lbo-talk] RE: DeLong flap

uvj at vsnl.com uvj at vsnl.com
Tue Mar 2 16:04:08 PST 2004


Michael Dawson -PSU:


> Wrong. It's an overaccumulationist argument --

If there is a "law of the tendency of surplus is rise" (as Foster puts it), there would be always be avenues for profitable investment. Why there is any overaccumulation of capital, if the rate of profit is not falling and the rate of surplus is rising?

Ulhas



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