Re: [OPE-L] empirical measurement of changes in the value of labour-power

From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Fri Dec 14 2007 - 12:15:43 EST


Gerry:"Ah, this raises a throrny issue: does non-wage labor which does not
create commodities still create value?  It is true that there is labor required
to produce the commodity LP and that much of that labor oftentimes
is non-waged."

This views value as a sort of metaphysical substance that can be produced. This
is at best no more than a metphor and extended to the subjects that dave raises
it is a misleading metaphor.

One should not talk of value being produced.

The labour value of something should be seen as its cost in Smith's 'original currency' : labour.

Asking how much the labour value of something is amounts to asking how much of society's labour must
be devoted to producing it. It is not a question of labour 'producing' value, but of reproduction
consuming labour. If you think in terms of labour producing value you have an unecessary doubling
of entities - the labour and the value.



Paul Cockshott
Dept of Computing Science
University of Glasgow
+44 141 330 3125
www.dcs.gla.ac.uk/~wpc/reports/



-----Original Message-----
From: OPE-L on behalf of GERALD LEVY
Sent: Fri 14/12/2007 1:12 PM
To: OPE-L@SUS.CSUCHICO.EDU
Subject: Re: [OPE-L] empirical measurement of changes in the value of labour-power
 

Hi Dave Z:
> Let's use your example to proceed. 
 
 
OK. 
 
> Assume a rise in food prices and no> technical change nor changes in the nominal wage or the length of the> working day. The result is a reduction of the quantity of goods in the> weekly consumption basket of wage-labourers. Consequently there is a> fall in the labour-value of the real wage vector. However, according to> your use of "Value of Labour-Power", it has remained constant.> > Now if we take this definition, the rate of exploitation is constant> too. But this must be wrong: not only have the capitalists in the food> sector received greater profits, but all wage-labourers across the> economy are spending less time to produce their -- now smaller --> consumption basket and consequently producing more surplus labour. The> rate of exploitation has risen.
 
I'm not sure what you feel the problem is here.  The commodity LP 
does NOT have to be sold at its value: i.e. LP, like every other commodity,
can be sold at a price greater or lesser than its value. The proposition 
that LP is sold at its value is assumed to be the case on average, but
there can (and are) temporal and spatial causes for disparities between 
the VLP and wages: this has important meaning for comprehending 
regional and urban issues.
 
 
In the example above, the nominal wage is the same and so V is 
the same.  C is also the same. And, following your lead, the working
day (and the intensity of labor) is the same. So, why would S change?
 
 
> The only tenable definition is to use the labour-value of the> consumption basket as the "necessary labour" or "value of labour-power"> in the analysis from Capital vol. 1. 
 
 
One could recognize, instead, that necessary labor time can itself
be relatavized.  
 
 
If we follow your alternative, then surplus value can increase for no
other reason than capitalists increase the prices
of commodities sold to workers.  This creates the possibility of S
being increased simply through a greater mark-up of commodities 
over cost.  Another way of looking at this issue, though, would be
to recognize that there can be disparities between S and profit.
 
 
Perhaps the subject of rent should be included here.  If workers
have to pay a higher amount for food, then one might conceive
of this as a short-term transfer of value from workers to food-
producing capitalists or landowners.
 
 
> This also avoids the numerous> complications and qualifications that you mention.> > You ask how to distinguish short-term fluctuations from the underlying> causes of the change in food prices? That is where the labour theory of> value comes in: one has to study the price to labour-value ratios and> unit labour-values of food items to see that.> > You also ask whether it is worthwhile to have some sort of long-run> analysis of the reproduction of labour-power. I definitely think so, it> allows us to make important comparisons between different societies, but> the one Marx gives is deficient. A better alternative for this purpose> is "the total labour necessary to reproduce the capacity to work". Let> me elaborate briefly what this means.> > 1. It includes the social labour necessary to reproduce some> historically specific average consumption bundle (i.e. your use of> VLP). But also domestic labour required for cooking, cleaning, child> rearing etc. In some social formations this distinction is blurred or> the latter hidden, and that is precisely why we must count the *total*> labour.> > Take the case of socialized child care that exists in Sweden. Its> introduction lead to a rise in the amount of *social* labour necessary> to reproduce the next generation's capacity to work. However, this was> offset by the reduction in *domestic* labour, so that in fact the total> labour required for child rearing had fallen.> > 2. The "capacity to work", i.e. Marx's "labour-power", is even in the> abstract not a homogeneous entity. There is significant quantitative> difference between the capacity to work as a doctor and as a clerk: They> require different amounts of labour to reproduce.
 
Ah, this raises a throrny issue: does non-wage labor which does not
create commodities still create value?  It is true that there is labor required
to produce the commodity LP and that much of that labor oftentimes
is non-waged.  But, we have to recognize that _if_ LP is a commodity, 
then it is in some senses a _unique_ commodity.  Of course, one could
challenge the claim that LP is a commodity (as OPE-L member, Mike 
Williams has done) or one could offer alternative explanations which are
more or less satisfactory depending on your explanation and perspective
on value.
 
In solidarity, Jerry


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