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Joaquin, Productivity is output/hour. I specified real output; not money output. Real output is physical output; not money output. Using nominal money values is the best way to get confused about economics. Do not allow the bourgeois definition of productivity, or even a futile attempt to quantify use value, to prevent the insight about the relation between output and labor inputs. The value of functions need not be based on any numerical utility. The concepts can be applied to un-measurable variables, which no capitalist is capable of considering without blowing brain fuses. Barry ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
