ALB
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ALB
KeymasterSomeone who follows this forum without being signed up has sent this explanation:
“You may be aware that the international that the IWW has now formally joined is something of a breakaway from the formally historical anarcho-syndicalist IWA associated with the Spanish CNT now split. All part of a drift to a wider international network of ‘base unions’.
It exercised numerous discussions on libcom including this:https://libcom.org/forums/thought/iww-or-iwa
The UK Solidarity Federation is still part of the IWA though they are themselves a bit flexible on the political leaning of their target audience.”
I don’t follow developments in the anarchist milieu but what, DJP, is the split in the Spanish CNT? Looks as if the UK IWW will have joined the less dogmatically anarchist faction? But why join either?
ALB
KeymasterThe trouble with Freudian-type theories about the working class being psychologically conditioned to want capitalism is that, if valid, they would prove too much. It would mean that socialism would not be possible as these theories don’t suggest a way in which the majority could become unconditioned (how their psychology can be changed) under capitalism. It’s the “who will educate the educators” problem again or, rather, what will uncondition the unconditioners? Marcuse drew a Leninist conclusion from this and argued that a minority (in his case, the marginalised and the declassed) would have to overthrow capitalist rule and after that uncondition the rest of society. However, history shows that a minority revolution leads to minority rule.
I still think that when humans encounter a problem and there is a solution they will find it by using their ability to reason. We always have.
ALB
KeymasterWell, yes, if you put it that way. Most people don’t “get” the socialist case. Otherwise we’d have socialism or be well on our way there. But that doesn’t prevent some of them understanding some of what we are saying, as for example on taxation. No need to beat ourselves up over us supposedly not getting this part of our case across.
ALB
KeymasterFair point. The mainstream unions to which members belong also have dubious international — and national — links, so why be more harsh on the IWW than on them? If it’s ok to join them as long as their core activity remains bargaining over wages and working conditions, the same should apply to the IWW. In other words, treat the IWW as just another trade union. Some mainstream unions too say (in their rule book) that they are anti-capitalist.
ALB
KeymasterHere is the chapter on “Socialism and Law” which Pieter Lawrence published privately. It puts his case for retaining “law” in socialism.
He also brought out a pamphlet on it.
What he insisted on calling “law” most of the rest of us called “regulations”. Is there a difference?
ALB
KeymasterHere’s an article from 1909 about what the SDP (as by then the SDF had become) said about taxation. We would have inherited it from them but applied it more consistently.
ALB
KeymasterIs that view based on what your fellow trade union members think or on what people down the pub do?
I agree, though, that understanding what we say about tax is not incompatible with believing in “a fair days wage for a fair days work”. In fact it is an aspect of it. Insofar as “a fair day’s wage” means anything it is being paid the value of your labour power. Which implies a higher money wage if the cost of living goes up or take-home pay goes down, because of a tax rise.
ALB
KeymasterPersonally I think many workers do “get” what we are saying about taxes (and subsidies) especially those who are active trade unionists — in fact it will be one reason why they are active in their union.
I think they can work out too who pays (on who it falls) your $400 in the end.
ALB
KeymasterAnybody know what the writing in Burmese (if that’s what the language there is called) on the front cover of the March 2021 Socialist Standard says.
ALB
KeymasterJust as a matter of interest, would the mistake be the same in spoken Cantonese which I think will be the main dialect spoken in England and so likely to be noticed ?
ALB
KeymasterOur Chinese speaking (Mandarin), writing and reading comrade confirms:
“Yes, it is a mistake, and the two ‘tang’ characters aren’t even pronounced the same (different tones). So I think it does need a correction, even though very few readers will notice it.”
Our apologies. Not sure, though, that it deserves the description “disgraceful”. It was a genuine mistake.
ALB
KeymasterGood idea. I think he is based in Goldsmiths college (yes, that’s its name and who endowed it) which is not all that far from our Head Office. Could be an entertaining as well as an educational evening. Writing off for a review copy anyway.
ALB
KeymasterI can’t think what possessed the Independent to devote so much space and publicity to an exposition of the purest currency crankery. Mosse seems to be an unthinking follower of the notorious currency crank Richard Werner. Werner is on record as claiming that, if banks’ loans can be 10 times their cash reserves, this means that when somebody deposits £100 in a bank that bank can then lend £900 whereas in fact it means they can lend only £90.
M4 is a measure of total bank lending and is only called “money creation” because making a loan is, misleadingly, defined as creating money. This is misleading as it suggests what is lent is not purchasing power that already exists but new money that is created from nothing. And is believed by economic illiterates like Mosse on the say-so of cranks like Werner.
Mosse’s recounting of the Goldsmith’s Tale is all wrong. For a start, at the time the currency was silver and that not gold was what was “usually” deposited with them; their deposit certificates never became “the generally accepted means of payment”; and none of them took the risk of committing the foolhardy business practice (and criminal act) of issuing more certificates than the value of the silver deposited with them.
These mistaken views are refuted in detail in chapters four and five of our pamphlet The Magic Money Myth.
Mosse blames the banks for resources being devoted to what is most financially profitable rather than to what is socially needed. This does happen of course but it is the result of private capitalist firms aiming to maximise their profits. It is capitalism operating normally. Banks don’t cause this; they only channel spare capital towards it. So, restricting their lending won’t end this. In fact, it would probably — no, certainly — spark off a huge economic crisis. One good reason not to vote for the Green Party which swallows this nonsense too — they might even try to implement it.
ALB
KeymasterYet another experiment in a non-universal basic income scheme — you have to be poor to be eligible:
“Participants would be chosen by lottery and the criteria for eligibility were simple: applicants had to be over the age of 18, live in the city of Los Angeles, have one or more dependents, and be living in poverty according to the federal poverty guidelines.”
So just another scheme to tweak the Poor Law system.
ALB
Keymaster“ the unstated premise here is that labour power always exchanges at its value (the so-called Law of Value).
Yes it is. Or, to be more precise, tends to do so in the long run with fluctuations below and above cancelling each other.
In challenging this you are challenging a key concept in Marxian economics — that labour power is a commodity whose price reflects its value. You seem to have argued yourself into the corner of saying that the value of labour power is only what is “necessary” to keep a human alive. But it is much more than that. It is the cost of what is necessary to reproduce and maintain the ability to do a particular job. This cost is the money cost of living. Which is much higher than bare subsistence, the poverty line or the minimum wage. The vast majority of workers get more than these because the value of their particular kind of labour power they are hired to exercise is (due to ability, training and/or the kind of work they do) higher than this.
If you really are saying that most workers are able to get themselves paid more than the value of what they are selling then you need to explain how they are in so powerful position compared with other commodity sellers who are unable to do this.
In fact the link between wages and the cost of living is so empirically obvious that even non-Marxian economists recognise it. Here, for instance, is Investopedia:
“The cost of living is the amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time period. The cost of living is often used to compare how expensive it is to live in one city versus another. The cost of living is tied to wages. If expenses are higher in a city, such as New York, for example, salary levels must be higher so that people can afford to live in that city.”
Or have you some other explanation as to why wages in New York are higher?
The Marxian theory of taxation is really a corollary of the Marxian theory of wages as the price, reflecting the value, of labour power. As is the theory that anything provided free or at a subsidised price won’t lead to a permanent increase in the standard of living of workers as it will eventually lead to lower money wages.
I suppose people find this counter-intuitive because an increase in tax, direct or indirect, does leave them worse off in the immediate just as a free service or a state handout (like UBI would be) or less expensive imported food makes them better off for a while.
But is it all that difficult to explain or understand that, due to the operation of market forces, these will only be temporary? In any event, those on both sides — employers and unions — who negotiate wage rates understand this perfectly, the one side pointing to price increases the other to measures that mitigate this, in the course of reaching a deal.
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