From: ajit sinha (sinha_a99@YAHOO.COM)
Date: Fri Oct 27 2006 - 08:36:07 EDT
--- glevy@PRATT.EDU wrote: > Green Left - Review: Revisiting Marx's kapital idea > > 25 October 2006 > Issue #688 > > REVIEW > Revisiting Marx's kapital idea > > > Alex Miller > 20 October 2006 > > > Marx's Das Kapital: A Biography > By Frances Wheen > Allen & Unwin 2006 > 130 pages $22.95 Wheen does a good job of destroying some of the myths that surround the book. An example concerns the familiar claim that Marx’s predictions about the progressive immiseration of the proletariat under capitalism have been refuted by the actual development of capitalism in the late 20th and early 21st centuries: “Countless pundits have taken this to mean that capitalism’s swelling prosperity would be achieved by an absolute reduction in the workers’ wages and standard of living, and they have found it easy to mock. Look at the working classes of today, with their cars and microwave ovens: not very immiserated, are they?” Wheen points out that the idea that Marx has been refuted in this way is based on a complete misreading of chapter 25 of Das Kapital: Marx in fact argued only that under capitalism there would be a relative — as opposed to absolute — decline in wages, and Wheen shows that this is in fact “demonstrably true”. __________________ What could a relative decline in wage mean in this context? Suppose wages were 2 kgs. of corn per hour of labor and it rose to 3kgs. of corn per hour. Now how could there be a relative decline in wages? Sounds not relatively but absolutely ridiculous. ______________________ In addition, Wheen makes the excellent point that “immiseration” concerns not just the wages workers’ receive, but how long and how hard they have to work in order to get them. And in fact, “The average British employee now puts in 80,224 hours over his or her working life, as against 69,000 hours in 1981. Far from losing the [capitalist] work ethic, we seem ever more enslaved by it”. ______________________ But shouldn't the comparison be from at least 1867? And in that case, where would Mr. Wheen be? By the way, it is not clear how to interpret the data on "working life". One would expect the working life of today's workers to be much higher than the working life of 18th or 19th century workers. If the workers used to work 16 hours a day in a highly poluted environment and died at the average age of 35 years, he might work less hours during his life time than a worker working 8 hours a day in a relatively clean environment and work till the age of 65 years on the average. But whose is better off? This kind of statistics makes no sense to me. It should at least be in terms of a year and not "a workers working life". And again what if you look at the same data for France? Why not think through before making such arguments? Cheers, ajit sinha __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
This archive was generated by hypermail 2.1.5 : Tue Oct 31 2006 - 00:00:03 EST