Shane says:
Use-value is
measured as a quantity of *dated* socially necessary labor time. The
change in labor productivity from year x to year y is measured as quantity
of use-value produced by t hours of socially necessary labor time in year
y divided by the quantity of use-value produced
Louis N Proyect wrote:
The World Bank has excellent figures. (www.worldbank.org)
On Tue, 21 Oct 1997, Thad Williamson wrote:
Dear Pen-L'rs,
Does anyone know of an easy reference source for figures on the GLOBAL
distribution of income and wealth, and historical trends in regard to
At 11:57 AM 10/21/97 -0400, Jim Devine wrote, inter alia:
"But as heavy industry develops the creation of real wealth depends
less on labor time and on the quantity of labor utilized than on the
power of mechanized agents which are set into motion during the labor
time. The powerful
Gil writes:
Some questions and comments on Ken's discussion of the "Lockean proviso"
Mixing one's labor with land gave "natural" ownership claims to land
according to Locke. However, there is as Nozick (the erstwhile libertarian)
Erstwhile? What has he become?
COMMENT: He has become a type
Date sent: Tue, 21 Oct 1997 11:31:08 -0400 (EDT)
Send reply to: [EMAIL PROTECTED]
From: [EMAIL PROTECTED] (Shane Mage)
To: [EMAIL PROTECTED]
Subject:Re: "labor theory of value"
James and Ricardo seem to share the same vulgar-economics confusion: that
The World Bank has excellent figures. (www.worldbank.org)
On Tue, 21 Oct 1997, Thad Williamson wrote:
Dear Pen-L'rs,
Does anyone know of an easy reference source for figures on the GLOBAL
distribution of income and wealth, and historical trends in regard to each?
Both internet and paper
The Human Rights and Labor Solidarity Caucus at Union Theological Seminary
presents:
Reign of the Beast: Imperialism and Economic Violence in the Age of Global
Capitalism. A one-day conference free and open to the public.
Saturday October 25, noon-7 p.m.,
Union Theological Seminary, 3041
The CBS admitted on Thursday that "Despite the rosy picture of
Canada's economy by Paul martin and other financial leaders,
there's a disturbing drop in most Canadians' stadard of living.
This has led to a growing gap between the rich and the rest of
Canada."
In 1989, the "average income"
Date sent: Mon, 20 Oct 1997 10:08:15 -0700
Send reply to: [EMAIL PROTECTED]
From: James Devine [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Subject:"labor theory of value"
I think we can leave aside the biblical question as to whether Marx
used the term
James and Ricardo seem to share the same vulgar-economics confusion: that
*value* is the same thing as *wealth*. Marx leaves no room for this
confusion. Value *is* the mass of socially necessary labor time embodied
in the social product of a given period. Wealth *is* the mass of use-value
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Conference May 8-10, 1998
Work, Difference and Social Change:
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Two Decades after Braverman's_Labor and Monopoly Capital_
State
At 04:01 PM 10/20/97 -0400, Gil Skillman wrote, inter alia:
Hmm. What can the "exchange-value" of a good (as opposed, for example, the
good's "value") refer to, if not to price *in some sense*?
The ability to fetch other goods that coincides, yet is analytically
different from price. I can
Dear Pen-L'rs,
Does anyone know of an easy reference source for figures on the GLOBAL
distribution of income and wealth, and historical trends in regard to each?
Both internet and paper references appreciated.
thanks,
Thad
Thad Williamson
National Center for Economic and Security Alternatives
Regarding a subject that has
come up on this list, namely
the current very high rates
of profit and capital share
of income in the U.S. and
other advanced nations, the
interested reader is referred
to:
http://epn.org/prospect/33/33mishfs.html
This is an article by Larry Mishel of
EPI (my
Those interested in the New Zealand Economic Experiment may be
interested in a brief paper by Paul Dalziel, Reader in Economics,
Department of Economics and Marketing, Lincoln University.
I reproduce its abstract and conclusion below. Paul has not yet had
it accepted for publication,
This missive (and the various threads it combines) probably belong on ope-l
rather than on pen-l, but I don't belong to the former.
Shane Mage writes: James and Ricardo seem to share the same vulgar-
economics confusion: that *value* is the same thing as *wealth*. Marx
leaves no room for this
No explanation is required for a passage from a rough draft ("Rohentwurf")
which its author chose not to use in the published version, which alone can
be taken to represent his considered formulation. In any case, this
passage is no evidence that, when he was writing his rough draft for
Kapital,
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