I did raise the question that I thought this was a Social Credit site. This=

has not appeared. From the number of postings on items completely irreleven=
t
to Social Credit it appears the words are used just to enter into
discussions on completely different agendas. Perhaps the site should change=
d
to Orthodox Economics and Heresies. That way Social Credit need never be
mentioned and thus avoid the misuse of the words as well as the confusion
that is generated.
VicB
----- Original Message -----=20
From: <[EMAIL PROTECTED]>
To: "Social Credit" <[EMAIL PROTECTED]>
Sent: Monday, July 21, 2003 11:33 AM
Subject: RE: [SOCIAL CREDIT] Sun, cow, fish, machine, hydroelectric dam,
=3Di=3D3Dnternet


That's funny. For some reason I keep getting [SOCIAL CREDIT] in the
Subject title for these emails!

-----Original Message-----
From: John M=E9daille [mailto:[EMAIL PROTECTED]
Sent: Monday, 21 July 2003 11:31 AM
To: [EMAIL PROTECTED]; Social Credit
Subject: Re: [SOCIAL CREDIT] Sun, cow, fish, machine, hydroelectric dam,
=3Di=3D3Dnternet

At 11:10 PM 7/19/2003 +0100, Rodney Shakespeare wrote:
>John,
>     Alright, I was wrong, you do not ascribe to the labour theory of
value
>(however, see my remarks later on).  But to say that a tomato only has
valu=3D
>e
>when it is picked is to ascribe to something which is ridiculous.  Does
a
>gold nugget only have value when it is picked up?  Does fertile land
only
>have value when it is tilled?   Does a mahogany tree (alas) only have
value=3D
>
>when it is cut down?  Do the fish breeding in the water only do it the
>moment before someone catches them?

The fish only have *economic* value when caught, the tomato when
plucked,
the gold when mined. Gold especially is something that gains value
*solely*
from human commerce. I presume that "binary economics" deals with
economic
values and not with aesthetic or other values.


>The binary productiveness analysis deals with who or what produces the
>wealth -- the mineral-bearing land massively contributes, as does the
>fertile land and the mahogany tree.

But these things do not contribute "independently", which is your
argument.
the real question of course is not whether the unplucked tomato is
"independently productive" but whether the driverless lorry has an
economic
utility whatsoever. Quite obviously, it does not. This being the case,
and
it is the case, what possible basis could there be for a claim of it
"independent" productivity? Its productive values only appear when in
the
presence and activity of man. This is not an argument, it simply
describes
the facts of the case, and there is reason to stay clear of an economic
theory that stays clear of the facts.

>  To say otherwise is to say that the ma=3D
>n
>who picks up the nugget is the one who produced it;

But that is precisely what all economics, binary or otherwise, says,
namely
that the one who mines the gold or plucks the tomato owns all of its
economic values. Binarians do not dispute this claim, but assign all
economic benefits of the mined gold to the owner of the mine. In this
sense, BE is very conventional. It is rather strange of you to challenge

your own theory in this regard. The socialists, the distributists, the
georgists, may lay claim to a portion of the values in behalf of the
community, but certainly not the binarians.

>  that the man who cuts
>down the tree did all the growing; and that the man who ploughs the
field
>has done all the growing.  Frankly, that's preposterous.

But he certainly derives all the benefits, at least according to BE.


>     You are perfectly right that the sun cannot be counted a capital
item
>becasue it cannot be owned but that does NOT deny its contribution to
>production.  It is a hubristic madness to deny the sun's contribution
not
>just to tomato-growing but to a vast range of productive activity on
this
>planet (including the provision of energy in various forms).  Just
becasue
>something is not a capital item does NOT mean that it does not
contribute t=3D
>o
>production.

Of course, you are making category errors. You are confusing the
contribution of the sun (which, because it is equal and free, is not
charged to anybody's account) with capital items, like tractors and
trucks.
When asked to show how these are "independently" productive, you point
to
the sun. Is there not reason to believe that you have been staring at
the
sun too long, and have confused it with man-made artifacts such as
trucks?
The argument is not about the sun but about the truck, and the owner of
the
truck. And it is difficult to see the "productiveness" of the driverless

truck. If we could concentrate on that, I believe we could come to some
resolution.


>     Yes, I do disparage the effort it takes to dial a telephone number
and =3D
>I
>just cannot believe that you think that pressing telephone buttons
warrants=3D
>
>a statement that the dialler does all the work of communicating a
message
>across the Atlantic.

Nobody said the dialer did, but I have said that somebody did, that the
work of the phone is still human work, and that if the humans withheld
their work then the phone would not work at all. Parts of the network
may
indeed continue for a brief time, but in short order the whole system
would
crash. The phone, like all human artifacts, is not "independently"
productive, but only productive in the presence of humans.


>You say the telephone network  "represents countless hours of human
labour
>and ingenuity".  That is the congealed labour theory (which you deny
>ascribing to).

Rodney, why do you hang labels on everybody, instead of sticking to the
point? Are you denying that the phone network represents human labor, or

are you asserting that it got their by itself? As a point of mere fact,
insofar as you are capable of being impressed by facts at all, ALL
capital
is the result of prior labor. If there is an exception to this rule in
the
real world, I know of no economist who has located it. It is true that
some
give no respect at all to the origins of capital, but only to the
present
ownership thereof. But even they did not assert the absurd, that the
capital created itself apart from human labour. I hope we are all clear
on
that point.

>  It may have been built by humans but, once built, it goes o=3D
>n
>contribuiting to production by  itself . That huge hydroelectric dam
outsid=3D
>e
>Las Vegas had a lot of humans building it but, today, it does most of
the
>work itself, requiring but supervision and maintenance from a handful
of
>humans.

Then by your own admission, it is not "independently" productive, if
this
production only appears in the face of human administration and
maintenence. Your argument rapidly collapses.

The truth is that you, Rodney, are the biggest advocate of "independent"

productivity among the binarians, a theory which makes of BE a complete
laughingstock. Yet can you tell be what, exactly, would change if you
dropped the claims entirely, and adopted the standard marginal
productivity
calculations which you may find in any standard text? I say that
*nothing*
would change. Binary theory would work as well or as poorly as it does.
BUT, you would be able to enter into ordinary economic discussions and
have
the theory examined by ordinary economic analysis. Further, you might
have
something that actually corresponds to reality, and wouldn't have to
talk
about something that is *never* seen.


>     OK you approve of wide ownership but do not approve of the binary
>arguments in support of that wide ownership.

You don't read very well, do you? I do not oppose BE and support wider
ownership, as just about everybody does on this list and the COG list. I

have written on BE writings praised by Norman Kurland, writings which I
see
no need to retract. I do oppose silliness, particularly the silliness
which
keeps your movement small and fractious. I do oppose the silliness which

seems to have so little relation to reality and which forces you to
argue
that everybody else if crazy (or at the very least, insensitive of new
pardigms), or to engage in other such and much worse ad hominems.


John C. M=E9daille

"A dead thing can go with the stream...
but only a living thing can go against it."
         -G. K. Chesterton
http://www.medaille.com/distributivism.htm
[EMAIL PROTECTED]

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