ALB
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Quote:12 February, 2018: Added to the Edgar Hardcastle Internet Archive:Socialism and the Fascisti, April 1923 Is it War?, February 1937 Roads to Socialism, July 1937 Should Socialists Support Federal Union?, May 1940 The Daily Worker writes about its Former Hero, September 1940 What the Soldier Wants and How to Get it, May 1941 Reconstruction: A Lesson from the Last War, October 1941 Echoes of the People's Convention, December 1941 Communists support for Conservative candidates, December 1941 Note on Nationalisation, September 1948Dave B wrote:I thought it would be obvious with numbers like that it would be just the last stage ie assembly.Thanks. That's what I thought.
Quote:Earlier, Mr McDonnell told BBC Radio 4's Today programme taking services into public ownership would not ultimately increase the burden on taxpayers because government bonds could be swapped for shares in a revenue-producing company.So the parasites are going to continue to get a share of surplus value as interest on bonds instead of dividends on shares. Just like under the post-war Labour government's nationalisations which McDonnell now wants to distance himself from.His "worker-consumer" cooperatives wouldn't work either as their managers would still have to apply the laws of the market and seek to make profits (if only to survive).
What's happening in Syria shows just what a scrap of paper the UN charter is. It outlaws war … except under certain circumstances such as "self-defence", so all the countries currently attacking Syria (USA, Turkey, Israel) use this let-out clause to continue their bombing, even though some of their arguments are manifest lies.
Dave B wrote:“…..According to Strategic Work Systems Inc., an auto manufacturing consultant, Nissan Motors was the most productive vehicle manufacturer in North America as of 2007, averaging 28.46 labor hours per vehicle. This was followed by Toyota (29.4 hours per vehicle), Honda Motor Co. (32.51 hours per vehicle), and Chrysler Group (33.71 hours per vehicle).So what? That will be a measure of the "labour productivity" at the last stage of the production of a car, won't it? In other words, the time taken to assemble one in a car plant from previously produced materials and parts. But that's not the point at issue. That statistic could be of some use in socialism to measure the direct labour-time needed or spent — along with the materials and energy — to produce something (though not with a view to speeding up the assembly line of course).In other words, your statistics are not a measure of the total amount of labour-time involved in producing a car from start to finsh, which would have to start with the labour-time involved in mining of the iron ore, aluminium and other metals, in their transporting and processing, and go on to that involved in the production of the parts and energy, (and in transporting these), and to the wear and tear of the machines and buildings. David Ricardo, who adhered to a labour theory of value, made the point that all this has to be taken into account in what determines the exchange-value of a product (in his day in the 1810s textile manufacture was the thing):
Quote:If we look to a state of society in which greater improvements have been made, and in which arts and commerce flourish, we shall still find that commodities vary in value conformably with this principle: in estimating the exchangeable value of stockings, for example, we shall find that their value, comparatively with other things, depends on the total quantity of labour necessary to manufacture them, and bring them to market. First, there is the labour necessary to cultivate the land on which the raw cotton is grown; secondly, the labour of conveying the cotton to the country where the stockings are to be manufactured, which includes a portion of the labour bestowed in building the ship in which it is conveyed, and which is charged in the freight of the goods; thirdly, the labour of the spinner and weaver; fourthly, a portion of the labour of the engineer, smith, and carpenter, who erected the buildings and machinery, by the help of which they are made; fifthly, the labour of the retail dealer, and of many others, whom it is unnecessary further to particularize. The aggregate sum of these various kinds of labour, determines the quantity of other things for which these stockings will exchange, while the same consideration of the various quantities of labour which have been bestowed on those other things, will equally govern the portion of them which will be given for the stockings (https://www.marxists.org/reference/subject/economics/ricardo/tax/ch01.htm).No doubt your computer whizzkid friend could calculate this too, but this would only be of academic interest (to show that it can be done) rather than of any practical use.I could be wrong. So, to see which one of us has scored a own goal can you check whether the statistics you quote refer just to the last stage of the production, i.e. the assembly, of a car or not.
It is not the lack of perfected democratic procedures that is the problem. There are certain things that capitalism rules out happening even if people vote for them, like making capitalism put people before profits. So no matter what democratic reforms are introduced, this won't alter the fact that under capitalism profits have to come before people. That's the built-in nature of the system.What is needed is to replace capitalism's minority class ownership and production for profit by the common ownership and democratic control of the means of production and production solely and directly to meet people's needs. In other words, socialism. On that basis real democracy can flourish.Incidentally, referendums aren't necessarily the best way of making decisions. They are alright when it's a simple yes or no decision but most decisions are not like that.
There's some good stuff there especially fom the other person Hedges interiewed. For instance:
Quote:Instead of focusing on the plight of all of the oppressed, oppressed groups began to seek representation for their own members within capitalist structures.Quote:“The left became a kind of grab bag of discrete, siloed identity movements,” Derber said. “This is very connected to moral purity. You’re concerned about your advancement within the existing system. You’re competing against others within the existing system. Everyone else has privilege. You’re just concerned about getting your fair share.”Exactly and why socialists can't support it, in fact must oppose it.And I learnt a new word "siloed" (click on it in the quote to see what it means). Perhaps if we introduce it to this side of the Atlantic we'll get the interviews Alan says we're missing out on. Or is it just managementspeak?
Dave B wrote:I think came it comes skill etc in Karl’s analysis who was really talking about a skilled bricklayer being able to build a was twice as fast as an unskilled one etc.I don't think so. I would hve thought he was talking about the distinction between a skilled bricklayer and the unskilld labourer who worked with him, with the former creating more value in an hour than the latter. By all means if you want devise a scheme in which one hour of any work whatever it is is counted as equal to an hour of every other kind of work, but don't imagine that you are thereby mirroring the equivlent of "value" under capitalism. It would just be an arbitrary, utopian scheme.
Her articles have been published as a pamphlet:I assume it is not being advertised as we are virtually out of stock, but there will be a few copies available.
Actually, Marx himself brings out a similar defect in the labour-time voucher scheme in his famous discussion of it in his Critique of the Gotha Programme:
Quote:The right of the producers is proportional to the labor they supply; the equality consists in the fact that measurement is made with an equal standard, labor.But one man is superior to another physically, or mentally, and supplies more labor in the same time, or can labor for a longer time; and labor, to serve as a measure, must be defined by its duration or intensity, otherwise it ceases to be a standard of measurement. This equal right is an unequal right for unequal labor. It recognizes no class differences, because everyone is only a worker like everyone else; but it tacitly recognizes unequal individual endowment, and thus productive capacity, as a natural privilege. It is, therefore, a right of inequality, in its content, like every right. Right, by its very nature, can consist only in the application of an equal standard; but unequal individuals (and they would not be different individuals if they were not unequal) are measurable only by an equal standard insofar as they are brought under an equal point of view, are taken from one definite side only – for instance, in the present case, are regarded only as workers and nothing more is seen in them, everything else being ignored. Further, one worker is married, another is not; one has more children than another, and so on and so forth. Thus, with an equal performance of labor, and hence an equal in the social consumption fund, one will in fact receive more than another, one will be richer than another, and so on. To avoid all these defects, right, instead of being equal, would have to be unequal.He went on to add:
Quote:But these defects are inevitable in the first phase of communist society as it is when it has just emerged after prolonged birth pangs from capitalist society. Right can never be higher than the economic structure of society and its cultural development conditioned thereby.In a higher phase of communist society, after the enslaving subordination of the individual to the division of labor, and therewith also the antithesis between mental and physical labor, has vanished; after labor has become not only a means of life but life's prime want; after the productive forces have also increased with the all-around development of the individual, and all the springs of co-operative wealth flow more abundantly – only then can the narrow horizon of bourgeois right be crossed in its entirety and society inscribe on its banners: From each according to his ability, to each according to his needs!Our point is, isn't it, that now, over 140 years later (140 years is a long time, what?, 4 generations) both the "economic structure of society and its cultural development" mean that socialist society could go over to "to each according to needs" fairly quickly. Whether or not the scheme Marx described would have worked in his day is another matter, but is only of academic or historical interest now.
No doubt, but that doesn't mean that there'd be the buying and selling of products in socialism just because socialist society doesn't adopt labour-time as a general unit of account in place of money.
It showed that one of the aims — increasing the price of stocks and shares — of low interest rates and quantitative easing worked. In the sense that now the rate of interest is likely to rise this is going into reverse.On the other hand, the bond market should revive. So the stock market gamblers can survive by switching from shares to bonds.Meanwhile (for other reasons) the price of bitcoins continues its slide, falling below $7000 from a high of $19,000 a month or so ago.
