- 20 May 2022 04:21
#15228391
You're assuming it's a level playing field, and it's *not* -- the simple 'externality' factors of [1] scale of operations, respectively (capital vs. labor), and [2] transaction costs around any given deal (since there's no inherent 'referee'), aren't factored into your considerations of *business*, basically (labor-power leveraging, and wage exploitation / compensation).
It's a stacked-deck, and yet you expect the sheep to be shorn, as ever, with no complaints about it.
Your 'consensual' description is something of a *stretch*, I'd say, even to the point of being perceived as *mythologized* or *propagandized*. The employer and employee at the workplace are *not* a relationship of equals, as much as you would like to *pretend* so.
At the other thread you've been unable to address the idea / variable of *socially necessary labor*.
It's not complicated, it's not invalid -- What does it take for the world's labor power to sustain itself, going-forward -- ?
*That's* 'socially necessary labor', and socially necessary labor value. If we can all wake up and do the same day all over again as yesterday then at least we know we're *sustaining* things, meaning a day's worth of total global labor-power / value.
So -- yup, here it comes -- what happens to all of the *extra* stuff that all those laborers worldwide produce? *They* don't need it. *They* don't receive it, regardless. If all workers can produce enough for their own numbers, day-by-day, then why aren't they sent home after that 16 hours, or whatever, instead of having to clock-in 40+ hours, for a typical workweek -- ?
Sounds fun and/or *delicious*. See the previous segment.
[23] A Business Perspective on the Declining Rate of Profit
---
But the economic / money *demand*, and the (material) supply are *two different things* -- sure, it's an *exchange*, but there's no telling that these qualitatively *very* different quantities / categories will all line-up and correctly correspond, over the whole.
In other words how do *I* know that everything all just magically balances-out -- ?
If the going rate for PPE soars sky-high, does that automatically mean that the PPE market price is 'correct' -- ?
Should a PPE *profiteer* be lauded by society for smart calculations, or is there more to it than just what the market says, with its valuation number? And, what does that going-rate number have to do at all with the actual past material *cost* for physically *making* that item, like a face mask -- ?
Pies Must Line Up
---
Yes, the time that one spends at work, and in preparation / transportation around work, *is* one's own life-time. No one can afford to send in a *proxy* to do their work *for* them.
The world's moved-on, past land itself, and the *industrial* age, that we're still in, is far more to the point these days, especially since everyone loves smartphones, etc. (Therefore factories / equity capital, and wage labor, and exploitation, etc.)
Bullshit. You're just being glass-half-empty about natural and modern resources, for the individual. (How much does a cheeseburger cost these days....)
You can't claim 'theft', because *I'm* claiming theft -- of the worker's surplus labor value, or 'dead labor', meaning everything that exists today, built-up by actual intelligent, focused attentions and efforts / work.
No, the wage worker *can't* be politically bought-off for the price of a wage -- the wage paid-out is *exploitative*, so all of the cumulative work-product of civilization to-date really belongs to the world's working class, and not to the labor-exploiting capitalist employers.
No, you're erroneously thinking of imperialism-imploded, post-revolutionary historical *Stalinism*. The workers weren't in control of production, so it wasn't proletarian socialism.
It's *also* the fault of the machine's owner, because his / her ownership of the machine *deprives* others of its use, due to the societal institution of *private property* (over the means of mass industrial production).
And yet *equity* values have hardly been *flagging*, historically, so what *is* it exactly that you're whining about?
(Poor equity capitalists.) (sniff)
Duh -- then collectivize the *land*, along with the *machinery*. Workers collective *administration* over all of it.
Again, you're *incorrect* because you're fetishizing the contribution of capital, and those with capital.
Administratively / social-organizationally, capital is just a *number* at any given moment -- more of it leverages more real-world activity / development, sure, but that doesn't mean that the capitalist *with* that capital is some kind of mega-titan striding over entire city blocks at a time, and doing the work of *thousands* with every muscle flex.
I don't think anyone's trying to 'memory-hole' your intellectual property, or whatever -- looks like the Stalinist boogeyman *got* to you in your dreams last night.
Society-beneficial productive machinery should be available to *everyone*, and not hoarded and lorded over everyone by quote-unquote, 'private interests'. It's exactly as Wilde said.
Also:
Social Production Worldview
---
Exhale. It *already exists*.
Not comparable -- industrial machinery leverages *mass production*, using *fuel*. That's why it's inherently absurd for it to be in *private* hands. Those who put in the *labor* -- even to build the machine in the first place -- should be the ones *controlling* it, and not private capitalist interests.
No, you're *not* correct -- you fetishize *capital* and its role in material-productive society.
*That's* not a functioning of equity *partnership* in the enterprise -- it's crumbs from the table.
Bummin' me out, brah. (See above.)
You're really saying that there's no such thing as *equity wealth* -- ?
Again, all of this money / capital is a relative *advantage* over what the wage worker has -- only their own labor power, to sell below market-value (of what the products of their labor is worth), to the capitalist employer.
If the laborer *wasn't* being economically exploited there would be *no profits*, because total valuations in the economy would be zero-sum and *static*, only swirling-around at best.
ckaihatsu wrote:
You're missing the point, as usual, by conflating the *labor* commodity with any given *non-living* good or service (*also* commodities) -- by valuating only the *market value* / exchange-value aspect of labor-power.
Truth To Power wrote:
No, YOU are missing the point -- quite deliberately and disingenuously -- by refusing to know the fact that consensual exchange does not violate anyone's rights or deprive anyone of anything they would otherwise have, whether the exchange is for physical goods or services.
You're assuming it's a level playing field, and it's *not* -- the simple 'externality' factors of [1] scale of operations, respectively (capital vs. labor), and [2] transaction costs around any given deal (since there's no inherent 'referee'), aren't factored into your considerations of *business*, basically (labor-power leveraging, and wage exploitation / compensation).
It's a stacked-deck, and yet you expect the sheep to be shorn, as ever, with no complaints about it.
Your 'consensual' description is something of a *stretch*, I'd say, even to the point of being perceived as *mythologized* or *propagandized*. The employer and employee at the workplace are *not* a relationship of equals, as much as you would like to *pretend* so.
ckaihatsu wrote:
That exchange-value yardstick you've chosen doesn't reflect expropriated *surplus labor value*, the appropriation of which happens in the regular course of employing labor for a wage.
Truth To Power wrote:
No, the metric of exchange value doesn't reflect expropriated surplus labor value because that is not only silly Marxist gibberish (SMG) but non-existent. Employing labor for a wage does not appropriate or expropriate anything. It is a consensual exchange.
At the other thread you've been unable to address the idea / variable of *socially necessary labor*.
It's not complicated, it's not invalid -- What does it take for the world's labor power to sustain itself, going-forward -- ?
*That's* 'socially necessary labor', and socially necessary labor value. If we can all wake up and do the same day all over again as yesterday then at least we know we're *sustaining* things, meaning a day's worth of total global labor-power / value.
So -- yup, here it comes -- what happens to all of the *extra* stuff that all those laborers worldwide produce? *They* don't need it. *They* don't receive it, regardless. If all workers can produce enough for their own numbers, day-by-day, then why aren't they sent home after that 16 hours, or whatever, instead of having to clock-in 40+ hours, for a typical workweek -- ?
ckaihatsu wrote:
(Recall that 'surplus labor value' is a percentage *above* 'socially necessary labor value', or the constant-vector of total active labor value -- work -- taking place at any given moment, self-sustainably, indefinitely.)
Truth To Power wrote:
SMG. If that sentence meant anything (it doesn't), it would be wrong. It's just a bunch of made-up concepts with invalid definitions designed to prevent people from understanding the relevant economic relationships. But I am here to expose such deceitful tripe.
Sounds fun and/or *delicious*. See the previous segment.
ckaihatsu wrote:
Also, on the *capitalism* / management side of things, the figure of 'price' (of any given commodity) is forced to do *double duty* -- it initially reflects the *production cost* of the commodity (from capital + labor),
Truth To Power wrote:
No it doesn't. Your claims are just bald falsehoods with no basis in economics, fact, or logic.
[23] A Business Perspective on the Declining Rate of Profit
Spoiler: show
---
ckaihatsu wrote:
but then it takes on the additional task of finding the median between economic *demand*, and material-economic *supply* -- this *secondary-market* speculative pricing activity / fluctuations, has no bearing whatsoever on the initial, preceding economic *inputs* / costs, yet this potentially inflationary or deflationary 'price' number-value is socially accepted under capitalism to be *appropriate*, somehow, just by-default.
Truth To Power wrote:
No, it is accepted because it balances supply and demand: if the price is high, production is profitable and increases; if it is low, production is unprofitable and decreases.
But the economic / money *demand*, and the (material) supply are *two different things* -- sure, it's an *exchange*, but there's no telling that these qualitatively *very* different quantities / categories will all line-up and correctly correspond, over the whole.
In other words how do *I* know that everything all just magically balances-out -- ?
If the going rate for PPE soars sky-high, does that automatically mean that the PPE market price is 'correct' -- ?
Should a PPE *profiteer* be lauded by society for smart calculations, or is there more to it than just what the market says, with its valuation number? And, what does that going-rate number have to do at all with the actual past material *cost* for physically *making* that item, like a face mask -- ?
Pies Must Line Up
Spoiler: show
---
ckaihatsu wrote:
Again, the biggest overall travesty is this *commodification* of living people's own lives -- 'labor' -- that's simply part-of-the-system.
Truth To Power wrote:
Again, labor is not a living person's own life -- though their liberty rights to use land are close.
Yes, the time that one spends at work, and in preparation / transportation around work, *is* one's own life-time. No one can afford to send in a *proxy* to do their work *for* them.
The world's moved-on, past land itself, and the *industrial* age, that we're still in, is far more to the point these days, especially since everyone loves smartphones, etc. (Therefore factories / equity capital, and wage labor, and exploitation, etc.)
ckaihatsu wrote:
It wreaks havoc in people's lives being under such physical / existential *duress* just for the basic necessities of life -- Squid Game comes to mind here.
Truth To Power wrote:
GARBAGE. Scarcity is the natural condition of all living organisms. It is the natural condition of a human being to labor to sustain himself. The Marxist just seeks to evade the responsibility of sustaining himself -- the responsibility of living -- by stealing from those who have not evaded that responsibility.
Bullshit. You're just being glass-half-empty about natural and modern resources, for the individual. (How much does a cheeseburger cost these days....)
You can't claim 'theft', because *I'm* claiming theft -- of the worker's surplus labor value, or 'dead labor', meaning everything that exists today, built-up by actual intelligent, focused attentions and efforts / work.
No, the wage worker *can't* be politically bought-off for the price of a wage -- the wage paid-out is *exploitative*, so all of the cumulative work-product of civilization to-date really belongs to the world's working class, and not to the labor-exploiting capitalist employers.
ckaihatsu wrote:
You're only describing how it looks *on paper* -- which, has been, admittedly, *unavoidable*, for past historical reasons of historical *necessity* (for bourgeois administration, etc.),
Truth To Power wrote:
No, I am identifying the relevant indisputable facts of objective physical reality.
ckaihatsu wrote:
but society has been capable of 'modern' 'socialism', for lack of a better term, since the Industrial Revolution.
Truth To Power wrote:
Right. And modern socialism has been tried, and the result has always been tyranny, poverty, stagnation, and mass murder because the alternative to consensual exchange is force.
No, you're erroneously thinking of imperialism-imploded, post-revolutionary historical *Stalinism*. The workers weren't in control of production, so it wasn't proletarian socialism.
ckaihatsu wrote:
Wilde actually has a pretty-good treatment of it:
Truth To Power wrote:
No, Wilde was an economic ignoramus who understood economics as little as you do:
Up to the present, man has been, to a certain extent, the slave of machinery,
Truth To Power wrote:
Idiocy. It is landowners and other privilege holders who own people's rights to liberty, not machines.
and there is something tragic in the fact that as soon as man had invented a machine to do his work he began to starve.
Truth To Power wrote:
Idiocy. Landowners have never needed machines to starve the landless to death.
This, however, is, of course, the result of our property system and our system of competition.
Truth To Power wrote:
No, it's the result of our system of property in land, which forcibly strips the landless of their rights to liberty, thus their options, and thus their bargaining power.
One man owns a machine which does the work of five hundred men. Five hundred men are, in consequence, thrown out of employment,
Truth To Power wrote:
No they aren't. They are freed to do easier, more human jobs that machines can't do.
and, having no work to do, become hungry and take to thieving.
Truth To Power wrote:
Idiocy. What stops them from working on their own account? The only way they can have no work to do is if they can't afford to pay a landowner full market value just for permission to work. But that is not the fault of the machine's owner. It is the fault of the landowner.
It's *also* the fault of the machine's owner, because his / her ownership of the machine *deprives* others of its use, due to the societal institution of *private property* (over the means of mass industrial production).
The one man secures the produce of the machine and keeps it,
Truth To Power wrote:
No he doesn't. He has to give most of it to the landowner just for permission to use the location the machine occupies.
and has five hundred times as much as he should have,
Truth To Power wrote:
No he doesn't. By the machine he provided, he has fantastically increased production, of which he gets to keep only a small portion (if any), while the landowner gets most of it for doing and contributing exactly nothing.
And yet *equity* values have hardly been *flagging*, historically, so what *is* it exactly that you're whining about?
and probably, which is of much more importance, a great deal more than he really wants.
Truth To Power wrote:
Wilde was an economic ignoramus (like some other people I could name). The Law of Rent shows why the landowner gets the additional production, not the machine owner.
(Poor equity capitalists.) (sniff)
Were that machine the property of all, every one would benefit by it.
Truth To Power wrote:
No they wouldn't. Only the landowner would benefit. Wilde was an economic ignoramus, like every Marxist.
Duh -- then collectivize the *land*, along with the *machinery*. Workers collective *administration* over all of it.
It would be an immense advantage to the community.
Truth To Power wrote:
Nope. Only to the landowner.
All unintellectual labour, all monotonous, dull labour, all labour that deals with dreadful things, and involves unpleasant conditions, must be done by machinery.
Truth To Power wrote:
But the people who invent, create, produce, invest in and contribute that machinery to the production process must be robbed of it, and their contributions relentlessly lied about and made to vanish from people's minds? That's how you are going to get that machinery???
Again, you're *incorrect* because you're fetishizing the contribution of capital, and those with capital.
Administratively / social-organizationally, capital is just a *number* at any given moment -- more of it leverages more real-world activity / development, sure, but that doesn't mean that the capitalist *with* that capital is some kind of mega-titan striding over entire city blocks at a time, and doing the work of *thousands* with every muscle flex.
I don't think anyone's trying to 'memory-hole' your intellectual property, or whatever -- looks like the Stalinist boogeyman *got* to you in your dreams last night.
Society-beneficial productive machinery should be available to *everyone*, and not hoarded and lorded over everyone by quote-unquote, 'private interests'. It's exactly as Wilde said.
Also:
Social Production Worldview
Spoiler: show
---
Machinery must work for us in coal mines, and do all sanitary services, and be the stoker of steamers, and clean the streets, and run messages on wet days, and do anything that is tedious or distressing.
Truth To Power wrote:
WHO IS GOING TO PROVIDE THAT MACHINERY, HMMMMMMMMMMM?
Exhale. It *already exists*.
At present machinery competes against man.
Truth To Power wrote:
Only to an economic ignoramus who thinks the first stone hand axe and sharpened stick were competing against man.
Not comparable -- industrial machinery leverages *mass production*, using *fuel*. That's why it's inherently absurd for it to be in *private* hands. Those who put in the *labor* -- even to build the machine in the first place -- should be the ones *controlling* it, and not private capitalist interests.
Under proper conditions machinery will serve man.
Truth To Power wrote:
The proper conditions being when Marxist know-nothings find a willingness to know self-evident and indisputable facts of objective physical reality.
ckaihatsu wrote:
Disagree-to-disagree, I think.
Truth To Power wrote:
Because I am objectively correct and you are objectively wrong.
No, you're *not* correct -- you fetishize *capital* and its role in material-productive society.
ckaihatsu wrote:
Again, consider the *premium* made from the employment of wage labor -- that's the sound of the worker getting *cut-out* of their own provisioning of work-product, however you'd like to slice that.
Truth To Power wrote:
They aren't "cut out" of the provisioning of their own work product. They are paid wages for it.
*That's* not a functioning of equity *partnership* in the enterprise -- it's crumbs from the table.
Truth To Power wrote:
The only sound I hear is the landowner laughing at you because you refuse to know the fact that he charges the laborer full market value for permission to live close enough to the factory to work there, and then turns around and also charges the factory owner full market value for permission to hire the laborers that live near his factory! By refusing to know facts, you contrive to blame the factory owner for what the landowner does to the worker, and thus enable the landowner to keep robbing the worker. The worker's straitened circumstances are therefore YOUR FAULT. YOU ARE THEREFORE TO BLAME for every worker who can't afford a decent place to live, every worker who can't afford medical care for his family, every worker who can't afford education for his kids, and every worker who drowns his shame in drink or commits suicide in despair.
Truth To Power wrote:
YOU. Not the factory owner. YOU.
Bummin' me out, brah. (See above.)
ckaihatsu wrote:
All that accumulated 'dead labor' adds-up immensely over time, while the worker themselves is saddled with the everyday expenses of *employment*, and living, etc., that are necessarily paid-for out of wages *only*, and not from the gains of ownership of capital / dead-labor.
Truth To Power wrote:
There is no such accumulation. Wealth accumulates around privilege, not machinery, as I have already proved.
You're really saying that there's no such thing as *equity wealth* -- ?
ckaihatsu wrote:
Capital / surplus ownership means having no material-economic necessity to perform labor for the sake of one's own life and living.
Truth To Power wrote:
GARBAGE. Machinery loses you money if you can't use it productively. But land yields income even if you are comatose. You just refuse to know such facts, and that makes you as guilty of the robbery and murder of workers as any landowner.
Again, all of this money / capital is a relative *advantage* over what the wage worker has -- only their own labor power, to sell below market-value (of what the products of their labor is worth), to the capitalist employer.
If the laborer *wasn't* being economically exploited there would be *no profits*, because total valuations in the economy would be zero-sum and *static*, only swirling-around at best.