[lbo-talk] re: Getting Straight On The Labor Theory of

andie nachgeborenen andie_nachgeborenen at yahoo.com
Thu Dec 23 05:38:49 PST 2004


So, you don't actually believe that the producers should own the product of his labor in virtue of having produced it, but for the consequentialist reasons that his now owning it (collectively, I presume)has bad effects. That's a very different point. The first argument would hold that the effects, good or bad, don't matter.

Btw, my objection to your "thus" has nothing to do with market socialism. It's just an observation that the conclusion is not necessitated by the premises. "The notion of "following to mew but not to you" makes no sense. Logical validity is objective. An argument follows or it doesn't in virtue of its logical form. Your opinion of the matter is a never no mind.

I happen to agree that in a apitalist socirty social wealth presents itself as a vat collection of commodities. That does not follow from the fact that capitalists own most of the property. You need genralized market exvhange for generalized commodification, private property isn't enough. Market socialism is a point in case: there you have no private property, but genralized market exchange, so in that situation the wealth of society presents itself as a vast collection of commodities although the capitalists do not own it.

I suspect that what you really mean is that you think it is bad that social wealth should be commodified. I don't, and here my market socialism really does matter. It does not follow, however, from the fact that social wealth is commodified that that situation is bad. Yes, I know hwy you think it i bad. I am just pointng out that you need more premises to get there -- premises with which I disagree.

Comradely,

jks

--- Mike Ballard <swillsqueal at yahoo.com.au> wrote:


> From: andie nachgeborenen
> <andie_nachgeborenen at yahoo.com>
> --- Mike Ballard <swillsqueal at yahoo.com.au> wrote:
> > A gigantic division of labour is used to extract
> > wealth from nature. Labour is entitled to control
> > and socially own all the wealth it creates.
>
> In virtue of what?
> ************
>
> Because, in my opinion, the product should be
> owned/controlled by the producer, even if it is a
> social product. The alienation of the product from
> the producer leads in all kinds of negative
> directions: alienation, lack of political power....
>
> >Capitalists own most of the wealth which labour
> creates now. Thus, the wealth of societies under
> the
> rule of Capital presents itself a vast accumulation
> of
> > commodites.
>
> That "thus" doesn't follow.
> **************************************
>
> To me, it follows. But then, I'm not a "market
> socialist".
>
> Seasons greetings,
> Mike B)
>
>
>
>
>
>
>
> =====
>
*******************************************************************
> Wage-slaves of the world unite! Reclaim the social
> product of your labour. Claim your free-time--it's
> your life. There is power is classwide
> organization. You have nothing to lose but your
> bosses and who needs them anyway?
>
> http://profiles.yahoo.com/swillsqueal
>
>
>
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