>>12759906>workers paid almost exactly what they're worth by capitalists>"Farjoun and Machover's theory made certain predictions which went directlyagainst the predictions made by critics of Marx such as Samuelson. In particular
their theory predicts that industries with a high labour to capital ratio will be more
protable. Conventional economics predicts that there will be no such systematic
dierence between the prot rates in dierent industries. When put to the test it
turned out that Farjoun and Machover were right. Industries with a high labour to
capital ratio are more protable. But this is exactly what we should expect if the
source of prot was the exploitation of labour rather than capital. Their theory
made predictions which not only turned out to be empirically spot on, but at the
same time veried Marx's theory of the exploitation of the worker."
>veried Marx's theory of the exploitation of the worker