[lbo-talk] Real secret of tendency of rate of profit to fall

[Charles Brown]

"Moreover, it has already been demonstrated — and this constitutes the
real secret of the tendency of the rate of profit to fall — that the
manipulations to produce relative surplus-value amount, on the whole,
to transforming as much as possible of a certain quantity of labour
into surplus-value, on the one hand, and employing as little labour as
possible in proportion to the invested capital, on the other, so that
the same reasons which permit raising the intensity of exploitation
rule out exploiting the same quantity of labour as before by the same
capital."