From: michael a. lebowitz (mlebowit@SFU.CA)
Date: Sun Nov 23 2003 - 10:04:38 EST
At 09:43 23/11/2003 -0500, jerry wrote: >What do you think of the following proposition? When there isn't a given >real wage, relative surplus value becomes _relative_ in the following >sense: >if real wages increase at a rate equal to the rate of growth of >productivity then >(additional) relative surplus value doesn't emerge since necessary labour >time >as a proportion of the total working day has grown and there is thus no >increase >in surplus labour time and hence no (additional) relative surplus value. >(this was >the meaning of a somewhat cryptic 1-line post I sent on 11/12). > >I What do I think of that proposition? I think you understand Marx's position (although I'm sure you meant to write 'has NOT grown'). Here's a quote from pp. 114-5 in my chapter, "Wages" in the new edition. The quotes from Marx are from MECW, vol 34 and Capital I: > 'Finally the third CASE', where productivity (q) and the standard > of necessity (U) rise at the same rate: > >The worker continues to receive the same value--- or the objectification >of the same part of the working day--- as before. In this case, because >the productivity of labour has risen, the quantity of use values he >receives, his real wage, has risen, but its value has remained constant, >since it continues to represent the same quantity of realised labour time >as before. In this case, however, the surplus value too remains unchanged, >there is no change in the ratio between the wage and the surplus value, >hence the proportion [of surplus value] to the wage remains unchanged >(Marx, 1994:65-6). >In short, in this case, 'there would be no CHANGE in surplus value, >although the latter would represent, just as wages would, a greater >quantity of use values than before' (Marx, 1994: 66). > In Capital, this third case in which both capitalist and worker > may obtain more use-values without any change in surplus value is > introduced as follows: > >Now, if the productivity of labour were to be doubled without any >alteration in the ratio between necessary labour and surplus labour, there >would be no change in the magnitude either of the surplus-value or of the >price of labour-power. The only result would be that each of these would >represent twice as many use-values as before, and that each use-value >would be twice as cheap as it was before (Marx, 1977: 659). >Thus, remove the assumption of fixity in the standard of necessity and the >possibility of a quite different story emerges--- an increase in >productivity with no change in surplus value. in solidarity, michael --------------------- Michael A. Lebowitz Professor Emeritus Economics Department Simon Fraser University Burnaby, B.C., Canada V5A 1S6 Office Fax: (604) 291-5944 Home: Phone (604) 689-9510
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