Michael P's recent book _Transcending the Economy: On the Potential of Passionate Labor and the Wastes of The Market_ (NY, St. Martin's Press, 2000; ISBN 0-312-22977-1) raises some issues which have not been systematically addressed by either mainstream (neo-neo-classical) theory or heterodox theories, including Marxist theories. An indication of the later point can be seen in Ch. 5 ("A Review of the Literature") in which the few sources where waste has been discussed in mainstream economic theory are reviewed. There is no mention at all of any specifically Marxist literature on waste. Perhaps there is some Marxist literature on waste, maybe in non- English languages, that Michael is unaware of? This doesn't mean that Marx and Marxist perspectives aren't discussed. There is a very brief mention of Fred's and Shaikh/Tonak's writings about unproductive labor (pp. 9-10), but Michael adds "My concept of waste goes considerably further than these calculations of unproductive labor". I agree that Michael *does* go much further in analyzing waste, but I wonder: why weren't the subjects of value and unproductive labor more explicitly brought to bear on a discussion of wealth? I.e. even if one says that one needs to go *beyond* the prior Marxist discussions of value, shouldn't those discussions be discussed, evaluated, and critiqued? Perhaps the answer is to be found in the intended use for the book, i.e. it is intended, it seems, to me to be a "popular" book suitable perhaps for undergraduate classes (in what I'm not sure). Marx is discussed briefly, especially in connection with Ch. 5 ("Conflict in the Production Process"), but his analysis is not examined systematically as it relates to other subjects in the book, imo. Why this is the case, I'm not sure. Perhaps it is grounded in the belief that there isn't all that much in Marx on the subject of waste and we need to deepen our analysis beyond what he wrote? To some degree, I agree. Yet, it seems to me, that the connections of Marx to the subject of waste can be more deeply explored. Indeed -- perhaps we can have that discussion here on OPE-L? Let's see if we can identify a broad framework (outline if you will) in which we can discuss waste, value, & wealth (and something Michael calls "passionate labor"). Here are some ideas for broad subjects for discussion: I) Waste of Value a) waste of labor-power To begin with, we have to look at waste from a *class perspective* it seems to me. E.g. *from the standpoint of capital* the decline of child labor might be seen as wasted potential. Not so from the *perspective of the working class*. Similarly, if absolute surplus value is decreased by a shortening of the working day or the workweek, this might be seen as wasted potential from the perspective of the capitalist class. Not so from the perspective of the working class. Also, a decrease in the intensity of labor might be seen as wasted potential from the standpoint of capital yet it would be seen otherwise by the working class. Another area in which this differing perspective can be seen (and this gets us a little closer to the concept of "passionate labor") are differing concepts of *leisure*. From a capitalist perspective, and from the standpoint of the Protestant work ethic, leisure is waste (especially if its leisure by the working class!). Yet, increased leisure time is something that the working class struggles for. Also, while a vacation (e.g. sailing by a working-class family) might be seen as wasted potential by capital, it is seen as *pleasure* by the working class. Indeed, it is *for pleasure* (and passion), in addition to merely subsistence, that workers work for, right? At the other end of life in capitalist society there is also waste of potential labor power. Thus, especially in advanced capitalist economies, workers are forced into early retirement (or are discriminated against in the market for labor power based on their age). Yet, here there are differences in perspective among workers: many workers can't wait until retirement (when they think that they can *finally* experience pleasure -- in this context, I mean liberation from work) whereas other workers can't imagine life without earning a wage (and who knows how many thousands, perhaps millions?, have died shortly after retirement when they seemed to have lost the will and zest to live? Thus, sad to say, for all too many workers the freedom from work ushers in the freedom from life). One might also argue that the *capitalist* division of labor promotes waste. E.g. occupations which are only useful to the realization or transfer of value rather than the creation of new value might be viewed as wasted potential labor power. Here we can find some connections between the subject of unproductive labor and waste. Then, of course, there is the army of the unemployed. From one perspective, this might be seen as wasted potential (indeed, this is implied by the marginalist "production possibilities curve" graph). Yet, from the standpoint of capital the IRA is not waste *alone* -- rather it serves an important function *for capital*: i.e. to help drive down wages, intensify labor, and increase the bargaining power of capitalists. The working class, of course, views the matter differently. Paradoxically, while the working class struggles for greater leisure time it also struggles against an expansion of the IRA. This is because when workers join the IRA they have a lot more "free time" for leisure, but not enough money to enjoy that leisure! Thus, the old story for the working class under capitalism is that they either have no time for leisure but earn a wage or they have nothing but time for leisure but don't have the money that they view as necessary to enjoy that time. Either way, they lose. b) waste of constant capital On the waste of circulating constant capital, I will write more in the next section. But, here, I will simply note that there are important ecological consequences. What about the "forcible destruction of capital values" that occur in a crisis? This could be viewed as *wasted value*, couldn't it? Indeed, isn't the whole subject of "moral depreciation" related to the subject of waste? Yet, an exploration of wasted value (often caused by wasted use-value) must be linked to the subject of the transformation of value and use-value caused by technical change. Thus, on one level there *is* waste when there are advances in computer technology (as the use-values of the older technologies are rendered prematurely obsolete), yet in this case waste might be seen as promoting the accumulation of capital. [While on the topic of accumulation of capital, we should note that this *is* the capitalist passion: "Accumulate! Accumulate ...." Similarly, we might say that many capitalists view labor employed in pursuit of war and plunder as a *passion*. (And, of course, the military views war as the ultimate passionate activity). The working class, however, has very different passions -- although some segments of the working class influenced by "education", the media, government propaganda, etc. can come to embrace the idea of war as passion. This, however, leads us to another subject -- the state (since an understanding of nationalism assumes an understanding of the state in capitalist society). c) transfer of value There is a transfer of value by capitalists to the state. Does this represent, on some level, a waste of value? I would say: not necessarily. It depends on what we mean here by the expression "waste". And it depends on *who* (i.e. what class) it is a waste (or a benefit) to? Thus, war -- from the standpoint of the international working class -- represents a waste of working class lives. Not so from the perspective of capital and capitalist nations. Another question, though: can the transfer of value to the state lead to a deceleration in the accumulation of capital? Or might it hasten the accumulation of capital within individual capitalist nations at the expense of capitalists in other nations? (I'm tiring, causing a decrease in my passion, so the rest of this post will be briefer) II. Waste and wealth Consider the contribution of *nature* to social wealth. The capitalist class might view unutilized natural resources as "wasted potential" Indeed, on a PPC curve graph, if there isn't the "full employment" of natural resources, this is "inefficient" and wasteful". Yet, what are the environmental consequences of attempts to increase social wealth by "fully employing" natural resources? Taken to the extreme (and the logic of accumulation drives capitalists to extremes), this threatens all life on this planet, human included (capitalists included as well). The above might be explored, in part (but _only_ part) by a consideration of the acquisition of what become elements of constant circulating capital. Capitalists seek to accumulate capital. But, doesn't the working-class often seek to accumulate commodities that are used for individual consumption? Of course, working class *passions* for a lot of commodities are created often by "consumerism" promoted by various social institutions, especially *advertising* by capitalists. What is the effect of this working-class (and other class) demand for consumer goods on the environment? How will their passions be changed? III. The Way Forward I guess we could agree with the desire for passionate labor as a true expression of human potential. Yet, how do we get from here to there? Michael's book is self-consciously in the tradition of the Utopian Socialists, especially Fourier. Indeed, he concludes near the end of his book that what is required is a transformation of society but that "whether it proceeds along the rather modest course I am suggesting here or the revolutionary path that Marx foresaw -- society has no choice but to begin the process as soon as possible" (p. 160). Yet this begs the question -- can we eliminate waste and have "passionate labor" with a "modest course" or is a revolutionary transformation required? Does anyone else want to talk about waste and value and passionate labor? In solidarity, Jerry
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