Re: Labour theory of value, was: Re: [ox-en] Free market and the Internet
- From: Russell McOrmond <russell flora.ca>
- Date: Mon, 3 Feb 2003 21:59:49 -0500 (EST)
On Mon, 3 Feb 2003, Chris Croome wrote:
I see this as a case of de-valuing non-human inputs, and I
consider devaluation of non-human inputs to be a large source of
our current social, ecological and economic problems worldwide.
I see the the persuit of profit as the main reason for these
(ecological problems etc) things.
Whether you call the reason for social, ecological and economic problems
'profit' or 'unaccounted deficits due to de-valuation', does it really
matter if the result is the same? With a profit-motivation there is the
possibility that the deficit can be accounted for and factored in (IE:
extracted from the invalidly claimed 'profit'). With a labour theory you
discount most of the balance sheet and just extract the wealth without
accountability.
Will check out the link you sent me, but if it doesn't deal with the
problem of an overly-simplified accounting system and de-valuation of
non-human contributions, then I'll just be rejecting it along with other
such theories.
---
Russell McOrmond, Internet Consultant: <http://www.flora.ca/>
Any 'hardware assist' for communications, whether it be eye-glasses,
VCR's, or personal computers, must be under the control of the citizen
and not a third party. -- http://www.flora.ca/russell/
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