====================================================================== Rule #1: YOU MUST clip all extraneous text when replying to a message. ======================================================================
On Dec 14, 2010, at 11:18 AM, Greg McDonald wrote: > > http://leninology.blogspot.com/2010/11/how-american-class-struggle-works.html Its a statistical fallacy to claim, as this article does, that labor productivity has increased so wonderfully and therefore workers have been made to work that much harder. When unproductive workers are laid off, production is completely unaffected but the official statistics of labor input (which take no account of the basic difference between productive and unproductive labor) show a decrease in aggregate labor time. That's for one. And when productive workers are laid off in a recession the ones preferentially laid off are those the employer considers relatively less productive (those working in an obsolescent plant, for example). Again, statistical productivity increases without any worker actually becoming more productive. Under depressed economic conditions, as in the present depression, official productivity statistics need to be taken with an ocean's worth of salt. Shane Mage "All things are an equal exchange for fire and fire for all things, as goods are for gold and gold for goods." Herakleitos of Ephesos, fr, 90 ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
