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Re: Profit and Value, was: Re(2): [ox-en] extrinsic motivation = coercion

i'm not talking about a global equilibrium here for all goods and
services, but demand-supply equilibrium for each category/type of
good/service

if you have a true demand-supply equilibrium for a given category/type
of good service (i.e. where anyone who wants to get any quantity of
any good/service can do so at the [median] cost of that good/service),
if you add a fixed margin of profit you can then use that to invest in
new goods/services that you wouldn't otherwise think of investing in
...and if you produce the new good/service in abundance i.e. such that
anyone who wants to get any quantity of that good/service can do so at
the cost of that good/service + fixed profit margin which can go into
creating a new good/service and so on ...

On Thu, May 7, 2009 at 4:31 AM, Diego Saravia <diego.saravia gmail.com> wrote:

[Converted from multipart/alternative]

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2009/5/7 marc fawzi <marc.fawzi gmail.com>


<<
Its impossible to have an economic system at all (nor life) in
thermodynamic
equilibrium




I think everyone is talking about demand supply equilibrium not
thermodynamic equilibrium!!!



not everyone, as I see





  Maybe it's easy to confuse if one is
talking about thermoeconomics but you're stating the obvious here in
saying there is NO EXCHANGE, NO MOVEMENT, NO LIFE when the economy is
in a thermodynamic equilibrium, i.e. NO FLOW = NO LIFE, so I agree but
believe everyone is talking about demand-supply



a stationary system (I use the word stable, but is  better stationary)




But you can have demand-supply equilibrium for abundant goods/services
if everyone who wants to have a given good/service can have it at cost
(+ fixed profit margin so that there is not only sustainability but
also possibility, assuming profit is spent exploring new inventions
etc)




you only need profit if you want exploitation (in a stationary system),
that's "fist marxian theorem"

if you explore inventions, or if you accumulate capital, or if your
population grows, you are not in a stationary system (equilibrium in
economic language)





--
Diego Saravia
Diego.Saravia gmail.com
NO FUNCIONA->dsa unsa.edu.ar


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-- 

Marc Fawzi
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