Message from @BabygottBach

Discord ID: 468795244658425877


2018-07-17 15:01:51 UTC  

What about if value of labor is actually determined by the supply of those workers and the demand for those workers

2018-07-17 15:01:54 UTC  

<:GWcfcThonk:357907199928041473>

2018-07-17 15:01:55 UTC  

as well as the labor used in intermediate commodities that are then assembled by the machines

2018-07-17 15:02:10 UTC  

How is this any different than just saying price?

2018-07-17 15:02:14 UTC  

What about when there is no labor

2018-07-17 15:02:17 UTC  

You are equivocating price and value

2018-07-17 15:02:32 UTC  

when is there ever no labor?

2018-07-17 15:02:38 UTC  

Because price is the practical form of value

2018-07-17 15:02:47 UTC  

Even the air your breathing right now takes a little bit of labor

2018-07-17 15:02:51 UTC  

Value doesnt mean anything

2018-07-17 15:03:03 UTC  

Contradiciton

2018-07-17 15:03:08 UTC  

If i have an automated factory

2018-07-17 15:03:17 UTC  

how can price be the form of value but value not mean anything?

2018-07-17 15:03:20 UTC  

That will run effectively forever

2018-07-17 15:03:26 UTC  

sure

2018-07-17 15:03:42 UTC  

Is the price of that good free?

2018-07-17 15:04:04 UTC  

Do you ever need to repair or replace the machines?

2018-07-17 15:04:18 UTC  

No

2018-07-17 15:04:28 UTC  

They are self repairing

2018-07-17 15:04:34 UTC  

Now id wager

2018-07-17 15:04:56 UTC  

so let's Steelman this experiment, and make you God. You can manifest anything you wish, break the laws of conservation of energy, etc.

2018-07-17 15:05:18 UTC  

And let's give this ability to everyone

2018-07-17 15:05:25 UTC  

That the value of the good is based on the power and capital needed to produce it, plus the time value and convienience

2018-07-17 15:05:28 UTC  

And then ask, what is the price of some random thing on the market

2018-07-17 15:05:38 UTC  

Nothing

2018-07-17 15:05:43 UTC  

why?

2018-07-17 15:06:14 UTC  

Because you have no capital needed to make anything. Everyone can make anything

2018-07-17 15:06:20 UTC  

define capital?

2018-07-17 15:06:38 UTC  

Investment needed to get more money

2018-07-17 15:06:42 UTC  

Or capital

2018-07-17 15:07:26 UTC  

If im a working class i can save the capital i earn to create more capital

2018-07-17 15:07:37 UTC  

Then i could make my own business

2018-07-17 15:07:46 UTC  

Employ other people

2018-07-17 15:08:05 UTC  

And if everyone did that?

2018-07-17 15:08:13 UTC  

Where would you get the people to employ?

2018-07-17 15:08:26 UTC  

if everyone became some small shop owner.

2018-07-17 15:08:46 UTC  

what do you think would happen to your labor pool

2018-07-17 15:08:54 UTC  

There will always be people just starting out

2018-07-17 15:08:58 UTC  

Young people

2018-07-17 15:09:12 UTC  

Young people make up how much of the population

2018-07-17 15:09:18 UTC  

And there will always be people not good enough to escape the working class