Archive for November 26th, 2012
Turnover Time and Marx’s Law of the Tendential Fall in the Rate of Profit
Posted by John, November 26th, 2012 - under Profit rates, Uncategorized.
Comments: none
From Canberra comrade Peter Jones a very interesting paper: Abstract: This paper develops a method for quantifying the influence of four factors on the average rate of profit (ROP): the organic composition of capital (OCC), prices of constant capital, the rate of surplus value, and the average turnover time of variable capital. This is applied [...]
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Canberra – the building site death and injury capital of Australia
Posted by John, November 26th, 2012 - under ACT Greens, ACT Labor, ACT politics, Australian Capital Territory, Building industry, Building unions, Building workers, CFMEU, Safety at work.
Comments: none
The best way to ensure there is safety on building sites is to give the workers power to cut off the flow of profits to the bosses, without loss of pay, when sites are unsafe, or for workers to take that power. The stakes are high. It will take a long and bitter campaign of strikes and wildcat action to force the building bosses in Canberra and elsewhere to take safety seriously and to save lives.
