Accumulation and Technology

Steindl, Josef

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Document type:: Works

Collection:: Josef Steindl Collection

Title:: Accumulation and Technology: Exemplar 2

Author:: Steindl, Josef

Scope:: Typoskript, 25 Blätter, mit zahlreichen handschriftlichen Anstreichungen

Year of publication:: 1984

Source material date:: [vermutlich um/vor 1984]

Note:: Exemplar 2 (Exemplar 1 mit anderen handschriftlichen Anmerkungen siehe AL00656752).

Shelfmark:: S/M.5.2

DOI:: https://doi.org/10.48671/nls.js.AC14446022

U The department scheme was applied by Marx first to simple reproduction where it does not raise any problems. The economy is divided into two departments, investment goods (dep I ) and consumption goods ( dep II ). In each the value of the product ( 0 ) is composed of ‘materials and replacement of capital ( constant capital, C ), of wagespaid ( variable capital, W ) and the remaining value, surplus ( M ) which corresponds to net profit. Thus C-| + W-| + M-| = 0-j j C2 + W 2 + M 2 = 0 2 , '1 II C„ W< W, M, M, II 1 The product of dep II must be bought up by the sum of wages and surplus of the two depaartments: W, + W 0 1 2 + M 1 + M 2 = °2 C 1 + C 2 " °1 C 2 =W 1 + M 1 In his arithmetical examples Marx fixed first a certain rate of exploitation M + W and a certain "organic composition" C + W , and tried to constrain his choice of concrete numbers by this assumptions. When Marx tried to apply hisschemata to the case of accumulation ("extended reproduction" ) he ran into difficulties. His procedures and examples have been analysed and criticised at great length by Rosa Luxemburg ( Akkumulationdes Kapitals)

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