The Proletarianization of Palestinians in Israel (ص 72)

غرض

عنوان
The Proletarianization of Palestinians in Israel (ص 72)
المحتوى
72
definitions above, S = S/V, Q = C/(C+V), and P = S/(C+V), it follows, by
simple manipulation, that
P = s§' (1-Q)
From this, it follows that if we assume the rate of surplus value (S')
to be constant, the rate of profit (P) varies inversely with the organic
composition of capital. Since Q displays a rising trend in the course of
capitalist development, there must be at least a tendency for P to fall.
This, very briefly, is the substance of what Marx calls the Theory of the
Law (Vol. III, Chapter XIII). He enumerates, however, six ‘counteracting
causes' which 'thwart and annul' the general law of the falling rate of pro-
fit, leaving to it merely the character of a tendency.
This "Theory of the Law," although reduced into a mere tendency, is
still very controversial among Marxists. One of the most profound argu-
ments against it is Sweezy's theoretical and empirical demonstration that
changes in the rate of surplus value may compensate, or even overcompensate,
for the effects of the rising organic composition of capital, hence the
possible undermining of the falling tendency of the rate of profit.° As
Antipode states: "In Monopoly and Capital, Baran and Sweezy have tried to
revise Marxism by substituting a "tendency for the surplus to rise" for
the classical ‘falling tendency of the rate of profit."
Despite the controversy (surrounding more the falling tendency of the
rate of profit and less the rising tendency of the organic composition of
capital) this "law" remains to be the key for understanding the essentially
uneven capitalist development. Unevenness takes the form of class struggle
between capital and labor that emerges gradually and inevitably from the
rising tendency of the organic composition of capital, without which accumu-
تاريخ
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المنشئ
Najwa Hanna Makhoul

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