Using the excellent work of @profwolff and @michalrozworski@Leigh_Phillips — I thoroughly enjoyed putting the worker co-op camp in conversation with the high-tech fully planned camp, respectively, for weighing alt. econ’ models in my latest feature!
https://t.co/5vdJEgjJWc
@die_rizzen Marxists are better off abandoning the LTV and instead focussing on the moral bankruptcy of the wage-relation and, if they want a solid formula from Marx, the M-C-M’ formula captures the destructive structural logic of capital quite well.
@die_rizzen Agreed on the second argument. The first argument is not universally true though. It is, however, somewhat true with respect to commodities, but not even in a way where you can numerically calculate the exact degree of exploitation in the price-form as Marx said could be done.
@wood_eater_ Are you suggesting demography and ecosystems do naturally lead to certain forms of social organization over others? If so, then which ones?
@die_rizzen I feel like it’s rather uncontroversial to say that rights can’t be found in nature and are produced through social structures. This doesn’t mean that there aren’t universal foundations to human morality, though. Materialism should support the first statement.
@heisseheisse Specifically for Graeber, his 2002 monograph Towards An Anthropological Theory of Value, and for Gregory Gifts and Commodities.
Keen has done a few appearances online debunking Marx’s LTV (there’s issues with some of the implications he believes this debunk legitimates, though)
@heisseheisse The LTV isn’t culturally universal (see Graeber and Christopher Gregory for this), and its own internal logic has issues (see Sraffa and Keen). No worry though, the good and true bits of Marxism don’t need an LTV! M C M’ is a far more fruitful formalized insight by Marx!
Zohran on CBS: " I think what we can see is that a democratic socialist politics is one that should be judged on its delivery, like any ideology ... I think that this is a politics that can flourish anywhere because, frankly, there is only one majority in this country — that's the working class and it's time we have a politics that puts them at the heart of what it is that we're pursuing and not as part of the appendix."
By presidential decree, @Claudiashein is expanding health care to all Mexicans through the establishment of the Universal Health Service.
Beginning in 2027, "any citizen can attend any health institution and be guaranteed full and free coverage throughout the national system."
Murray: Is it true that people making under $184k pay a 12.4% Social Security tax rate?
Dahl: Yes
Murray: And the rate for someone making $1 million?
Dahl: 2.2%
Murray: So, a 12.4% tax for people making less than $184k, but 2.2% for a millionaire or .0002% for billionaires.
Mark Carney, who awed the world with his speech about the rules-based order and his opposition to American belligerence, says he supports this new attack on Iran
Brian Eno: anyone who'd leave the UK because they have to pay a bit more tax arent the least community minded
Lord Bethell: "but they are the wealth creators"
"They're not the wealth creators. The wealth creators are the people who make things.. who keep society running"👏👏
Mark New York City Mayor #ZohranMamdani’s inauguration with Brock Labour Studies!
Win Prof. @_SimonBlack’s Social Reproduction and the City—on welfare reform and childcare struggles in NYC.
Like❤️, RT🔄 & follow @BrockLabour to enter! 3 copies up for grabs. Contest ends Jan 5
@Leigh_Phillips Would the world be a better place if all corporations were forced to be co-ops. Yes. Would it be a panacea that either fulfils or lays the socialist stepping stone to Marx’s communist utopia? Probably not.
@Leigh_Phillips Ya, the problem with the co-operative is that it still relies on the commodity form, and therefore bears all the social problematics that come with it (zero-sum competition, the profit-incentive, the firm’s well-being > society’s, etc.).