Re: Re: Re: Capital is wrong

2000-03-10 Thread Charles Brown
Jim Devine [EMAIL PROTECTED] 03/09/00 07:49PM maybe he's suggesting that industrial capital as a social relationship isn't a commodity. It involves a non-market (non-commodity) relationship of domination of workers within production. (Of course, that authoritarianism is within the

Re: Re: Re: Capital is wrong

2000-03-10 Thread Jim Devine
Mat F. writes: My ref to Coase was that that seemed to me to be what you were describing in your original post, that within the firm relations aren't determined by market bargaining but by command. But your response indicates that you seem to have understood what I was getting at? yup. As

Re: Re: Re: Re: Capital is wrong

2000-03-10 Thread Jim Devine
I wrote that: maybe he's [George's] suggesting that industrial capital as a social relationship isn't a commodity. It involves a non-market (non-commodity) relationship of domination of workers within production. (Of course, that authoritarianism is within the framework of a

Re: Re: Re: Re: Capital is wrong

2000-03-10 Thread Carrol Cox
Jim Devine wrote: 2) is labor power produced? that's a tougher one. it is reproduced for sure. but maybe even produced. it's produced (via sex, family nurturance, etc.), but the question is whether it's produced as a commodity. I think it's a bit more complicated. Sex at most

Re: Re: Re: Capital is wrong

2000-03-10 Thread phillp2
I have always liked Polanyi's designation of labour (land and money) as "fictitious commodities" because they are treated as if they were commodities (bought and sold on the market) but which are not produced for the purpose of selling on the market. Mathew Forstater wrote: 1) is labor

Re: Re: Re: Capital is wrong

2000-03-09 Thread Jim Devine
At 07:37 PM 3/9/00 -0500, you wrote: You have missed nothing, Mat. A commodity is something that is for sale. Industrial capital is for sale everyday. The recent round of mergers and takeovers demonstrate that without doubt. George is in fact claiming that we do not live in a capitalist society.

Re: Re: Re: Re: Capital is wrong

2000-03-09 Thread Mathew Forstater
r been changed or are no longer required. -Original Message- From: Jim Devine [EMAIL PROTECTED] To: [EMAIL PROTECTED] [EMAIL PROTECTED] Date: Thursday, March 09, 2000 6:58 PM Subject: [PEN-L:17027] Re: Re: Re: Capital is wrong At 07:37 PM 3/9/00 -0500, you wrote: You have missed nothing, Mat. A

Re: Re: Re: Re: Capital is wrong

2000-03-09 Thread Stephen E Philion
On Thu, 9 Mar 2000, Jim Devine wrote: At 07:37 PM 3/9/00 -0500, you wrote: You have missed nothing, Mat. A commodity is something that is for sale. Industrial capital is for sale everyday. The recent round of mergers and takeovers demonstrate that without doubt. George is in fact

Re: Re: Re: Re: Re: Capital is wrong

2000-03-09 Thread Jim Devine
I wrote: maybe he's suggesting that industrial capital as a social relationship isn't a commodity. It involves a non-market (non-commodity) relationship of domination of workers within production. (Of course, that authoritarianism is within the framework of a commodity-producing society