On Jul 8, 2014, at 1:45 PM, Louis Proyect <[email protected]> wrote: > Recently a correspondent posed some questions to me that I would like to > respond to publicly since others might get something out of my response. > > Q: “How would a socialist system account for jobs that don’t occur on > property? Or small businesses that adhere to the service industry where > minuscule amounts of profit comes from labor time as opposed to capital > investment? i.e., I get paid $22 per hour / 89.50 labor rate. 60 > otherwise goes overhead. And I sell the parts my boss invests in with > his capital.”
=========== The problem of scale and capital/labor ratios, as posed, leads to insuperable difficulties in terms of understanding ‘the firm’ as political governance challenge as opposed to a problem of constrained maximization; accounting is a political phenomena: "In general, workers do not attribute to their own labor the difference between what they produce and what they receive. The notions of exploitation and unpaid labor are even more removed from everyday life on the shop floor today than they were in Marx's time." [Michael Buroway, "Manufacturing Consent] _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
