(OPE-L) Re: Dynamic value and natural price

From: gerald_a_levy (gerald_a_levy@MSN.COM)
Date: Fri Nov 07 2003 - 17:04:18 EST 

> I don't think this need be a worry. Some capitalist owners do perform
> socially necessary labour and add value to the product, irrespective of
> the fact that they control all the firm's revenue and give themselves a
> big slice of the pie. The point is that an individual can still perform
> useful
> work whether or not they hold capitalist property (how could it be
> otherwise?) Of course, mere ownership does not create value, although
> it allows control of it.

Hi Ian.

The distinction between productive and unproductive labor is not based
on which individuals (and segments of classes) perform "useful" labor.

If capitalists are productive of surplus value then the whole theory of
surplus value collapses, imo, since if everyone is exploited then no one
is exploited.

In solidarity, Jerry

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