[OPE-L:184] RE: the book on wage labor

Michael Perelman (michael@ecst.csuchico.edu)
Sun, 1 Oct 1995 12:30:52 -0700

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> Paul
> ----
> Do you mean is not measured or can not be measured. Some things
> are in principle impossible to measure, either because of
> their ontological status - the love of God -, or because they
> are conjugate observables like position and momentum. But there is
> no reason in principle why, with full knowledge of working
> conditions throughout the economy, abstract labour could not
> be measured. Clearly this does not happen now, but there
> seems no reason to rule out as impossible in all future
> societies.
>
How can you measure abstract labor. Is your work worth 5.164 times as
much as a supposedly unskilled worker? If we use wages as a way of
valuing abstract labor, we are resorting to prices to calculate values, which
some might want to use to calculate prices .....

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 916-898-5321 E-Mail michael@ecst.csuchico.edu