diff --git a/lib/Makefile b/lib/Makefile
index 6f982e3..5e65515 100644
--- a/lib/Makefile
+++ b/lib/Makefile
@@ -3,7 +3,7 @@ all: ikarus.boot
 
 ikarus.boot: *.ss
 	cp ikarus.boot ikarus.boot.back
-	echo '(load "makefile.ss")' | time ../runtime/ikarus -b ikarus.boot
+	echo '(load "makefile.ss")' | time ../bin/ikarus -b ikarus.boot
 
 clean:
 	rm -f *.fasl