ALB

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  • in reply to: Originator of a THESIS on money’s incapacity #129760
    ALB
    Keymaster
    Alan Kerr wrote:
    @ALB, Then which thought does Ludwig von Mises attack and where?

    Baron von Mises's objection to labour-time accounting can be found here:https://www.mises.org/library/economic-calculation-socialist-commonwealth/html/c/16#currentI think he has a point when he brings up the practical difficulty, in the absence of a market for labour power (i.e of the wages system), of reducing skilled labour to so many units of simple labour. In theory it could be done but in practice it would be an arbitrary, administrative decision.Of course he is completely wrong when he writes:

    von Mises wrote:
    Where there is no free market, there is no pricing mechanism; without a pricing mechanism, there is no economic calculation.

    That is simply assumng what is to be proved, though I dare say you might agree with his definition that "without a pricing mechanism, there is no economic calculation".

    in reply to: Statisation: a possible flaw in world socialism #131450
    ALB
    Keymaster

    This article puts our position rather well:https://www.marxists.org/archive/lawrence/one_world.htm

    in reply to: Social media Manipulation #131020
    ALB
    Keymaster
    in reply to: The value of labour power? #131569
    ALB
    Keymaster

    Maybe, but it wasn't funny, no more funny that if he "joked":

    Quote:
    "wtf not another Sympo thread relating to value, can Nazi  Germany please start existing again so I can get gassed"
    in reply to: The value of labour power? #131566
    ALB
    Keymaster
    Sympo wrote:
    I know what you're all thinking: "wtf not another Sympo thread relating to value, can the USSR please start existing again so I can get shot in a mass grave"

    Why would we think that? You must know that we don't think that the USSR was socialist and don't advocate or support mass shootings.I thought your questions were sincere, but this suggests otherwise. 

    in reply to: Originator of a THESIS on money’s incapacity #129756
    ALB
    Keymaster

    That's what I thought you thought.

    in reply to: Automated shopping #131541
    ALB
    Keymaster
    in reply to: China Mieville interview #131523
    ALB
    Keymaster

    Just checked and you're right. It says

    Quote:
    Subject cannot be longer than 128 characters but is currently 160 characters long.Forum post could not be created for your comment to be published.

    A design fault seems to have been uncovered.

    in reply to: Questions from a Turkish Journalist #131558
    ALB
    Keymaster

    Thanks. That doesn't sound too bad, i.e we could provide a link to it from the Turkish-language section of the WSM website?http://www.worldsocialism.org/türkçe

    in reply to: China Mieville interview #131521
    ALB
    Keymaster

    I think you have to go to the article itself in the online issue of Socialist Standard in which it appeared and click "Comment" at the bottom of the article. Then it auomatically appears in the Comments section.

    in reply to: Originator of a THESIS on money’s incapacity #129754
    ALB
    Keymaster

    I am not advocating that we only count the labour-time expended at the last stage of the production of something. That would be absurd and lead to the anomalies that you point out. But this is what those who like the idea of labour-time vouchers are committed to as their scheme is based on recording the time spent by "living labour" producing goods and providing services and on fixing the "prices" of goods the vouchers can be used to claim to reflect of this.I am not at all arguing against calculation but just against the need to calculate the labour-time content of everthing, i.e the need for some general unit of account. Of course socialist society will have to count what work resources are available to produce what is needed, but it will also have to count what other resources are required but in specific units. Labour is counted by time (and particular skill), steel in tonnes, electricity in killowatt-hours, and so on.Why try to reduce all producive resources to a laour-time content and to make a point of minimising this — that's what the economic laws of capitalism work to bring about. Even work-time itself need not be minimised when the work is interesting and satisfying. Socialism allows humans precisely to escape from the tyranny of minimising costs that capitalism imposes and allows other thngs to be taken into account such as working conditions and impact on the environment. Labour-time counting and minimising would tend to bring about the same result that capitalism's "law of value" does.

    in reply to: Questions from a Turkish Journalist #131556
    ALB
    Keymaster

    The Turkish translation of this, together with answers to further questions about the Russian revolution, has now been published here:http://cdn.haberajanda.com.tr/contents/files/dergiler/sayi134/index.html#70It continues on pages 72-3 and 74.Anybody out there know Turkish to see what the introduction says? All I know is that the magazine's name "Ekim Devrimi" means"October Revolution".

    in reply to: Originator of a THESIS on money’s incapacity #129750
    ALB
    Keymaster

    Bijou, the points you make are covered, in almost the same terms, in chapters 3, 4 and 5 of our pamphlet Socialism As A Practical Alternative, i.e goods and services for individual consumption being a more or less self-regulating way in accordance with what individuals take or use, with major infrastructure decisions made democratically:http://www.worldsocialism.org/spgb/pamphlets/socialism-practical-alternative

    in reply to: What Socialists Mean by Poverty #131398
    ALB
    Keymaster

    None. So all workers are poor on Owen's first definition of poverty. But how many workers in Britain are poor on his second definition of poverty as lacking or only just getting the "bare necessaries of existence" (what might be better called "destitution")?What this discussion shows is the importance, as always, of defining terms, otherwise you are going to end up talking at cross purposes.

    in reply to: Originator of a THESIS on money’s incapacity #129746
    ALB
    Keymaster

    I still think these are references to matching living labour, i.e the work resources available to socialist society, to what  needs to be produced in a given period, which will obviously have to happen and will involve calculations (though not just of labour time available but of the availability of other productive resources too). In other words, it's about current production e.g. about the labour-time needed to produce a steam engine from materials already available. But the amount of labour-time spent during the last stage of the production of something (which is what would be involved here) is not the same as the amount of socially-necessary labour incorporated in it (which includes the labour-time spent on producing the raw materials, energy, and wear and tear of the machines). In Marxian terms, it's v + s (as opposed to v + s + c). In conventional economics it's "value added" not total value.Note also the clear statement that "value" won't exist in socialism.

Viewing 15 posts - 5,401 through 5,415 (of 10,422 total)