[lbo-talk] workers take pay in virtual coin

[c b]

In sum, the practice of paying workers in virtual money (or in booze)
- while in principle similar to other forms of exchange under
capitalist system of production - is more obnoxious than other forms
of the capitalist wage system, because it is the purest form of
capitalism that maximizes exchange value obtained by ownership of the
means of production without producing any use value in the process.

Wojtek

^^^^^
CB: Might I disagree, Wojtek ? I'm thinking the gaming or gambling
does have a use-value for the gambler. The wanting to gamble may
derive from fancy, but in Marx's definition of use-value, a
commodity's use-value can derive from fancy, delusion , etc.

As  I said in a previous post:

CB: And virtual gaming has use-value for them, it fulfills a want;
that the want springs from fancy, makes no difference.

"A commodity is, in the first place, an object outside us, a thing
that by its properties satisfies human wants of some sort or another.
The nature of such wants, whether, for instance, they spring from the
stomach or from fancy, makes no difference.[2] Neither are we here
concerned to know how the object satisfies these wants, whether
directly as means of subsistence, or indirectly as means of
production. "