- Capitalism and Alternatives -

candy man

Posted by: Gee ( si ) on November 17, 1999 at 13:47:35:

In Reply to: Stuart's List posted by Barry Stoller on November 17, 1999 at 10:39:44:

: I mean, what if you were retarded and paid $100 for a candy-bar. Would that REALLY make that candy-bar 'worth' $100?
Would you, a calculator, some knowledge of candy manufacture and a mean average (!) of the time it takes workers to make them be able to calculate the 'real' worth of a candy bar? After said calculation would your figure mean anything to anyone involved in the exchange of candy bars for other goods? Would you try to calculate the degree of 'exploitation' taking place by assuming that whichever exchange price a given candy bar achieves then the amount by which that is over all the pre calculated costs must be the sum of exploitation whether its sold for Ł1 or Ł100?
This round of discussions about the LTV, at least from me, was not in order to dismiss LTV as a pertinent theory in economics but to express that it cannot be used to calculate meaningful figures regarding 'exploitation' nor have much to say with regard to what people want to exchange things for and why.

Follow Ups:

Incompatibility Glitches Kweassa November 18 1999 (6)
- easily confused Gee si November 18 1999 (0)
- Appropriation of surplus value Samuel Day Fassbinder Citizens for Mustard Greens USA November 18 1999 (4)
  - subsistence Gee si November 18 1999 (3)
    - Beyond sustainance bill November 18 1999 (2)
      - What about job rotation? Gee si November 18 1999 (1)
        
        Socialist Job Rotation = Twisting in the Wind Dr. Cruel November 19 1999 (0)
You're jivin' me, right? Stoller November 17 1999 (81)
- jive talkin' do do do do do! Gee si November 17 1999 (80)
  - Exhausting! Stoller November 18 1999 (79)
    - good exercise Gee si November 18 1999 (51)
      - Whatever Stoller November 18 1999 (50)
        
        it is the consumer who determines value. DonS USA November 19 1999 (31)
        
        For the LAST time...(better) Stoller November 19 1999 (29)
        
        why lower your price to undercut the competition DonS USA November 23 1999 (13)
        
        Again Stoller November 24 1999 (12)
        
        No price war DonS USA November 24 1999 (11)
        
        Yaaawn...(better) Stoller November 24 1999 (9)
        
        if demand is sufficiently high, there is no point in engaging in a price war. DonS USA November 25 1999 (8)
        
        ??? Stoller November 26 1999 (7)
        
        competition only comes into play if demand is insufficient for the needs of all the producers. DonS USA November 30 1999 (6)
        
        'Demand' - wih correct links Stoller November 30 1999 (4)
        
        I disagree. DonS USA December 01 1999 (3)
        
        That's what this whole forum is about Stoller December 01 1999 (2)
        
        Addition Stoller December 02 1999 (0)
        
        most 'capitalists' are pragmatic people who are not much interested in free market theory. DonS USA December 02 1999 (0)
        
        'Demand' Stoller November 30 1999 (0)
        
        Yaaawn... Stoller November 24 1999 (0)
        
        and what does that tell you.... Gee si November 19 1999 (14)
        
        That you never read Capital perhaps? Stoller November 20 1999 (13)
        
        burn the heretics Gee si November 22 1999 (8)
        
        You're being evasive Stoller November 22 1999 (7)
        
        foolish Gee si November 22 1999 (6)
        
        No kidding Stoller November 23 1999 (5)
        
        break it down Gee si November 23 1999 (4)
        
        These are the breaks (calling McSpot) Stoller November 23 1999 (3)
        
        Complicated theories DonS USA November 24 1999 (2)
        
        ...and meager minds Stoller November 24 1999 (1)
        
        By parsimony one rejects the more complicated theory. DonS USA November 25 1999 (0)
        
        Those ignorant proles are going to need a priest Stuart Gort USA November 21 1999 (3)
        
        anyone who takes the economic ramblings of a loser like Marx seriously DonS USA November 24 1999 (2)
        
        at least your not trying to pretend your argument is based on reason lark November 24 1999 (1)
        
        When someone calls me DonS USA November 25 1999 (0)
        
        For the LAST time... Stoller November 19 1999 (0)
        
        Indeed. Dr. Cruel November 19 1999 (17)
        
        Is Doc 'Mister Peace'? Stoller November 19 1999 (16)
        
        A crucible of contention ... but I have the remedy. Dr. Cruel November 22 1999 (15)
        
        Lies, distortion, and ignorance Stoller November 23 1999 (8)
        
        No thank you, I've had my fill. Dr. Cruel November 24 1999 (7)
        
        Doc's sour propaganda factory Stoller November 24 1999 (6)
        
        Propaganda isn't, if it's true. Dr. Cruel November 30 1999 (5)
        
        Let's cut to the chase Stoller November 30 1999 (4)
        
        Hacking away... Dr. Cruel December 01 1999 (2)
        
        ...at yet MORE omissions and distortions Stoller December 01 1999 (1)
        
        And yet it moves. Dr. Cruel December 02 1999 (0)
        
        And, furthermore... Stoller December 01 1999 (0)
        
        A 'Reaganesque' foreign policy is your remedy (better) Stoller November 23 1999 (3)
        
        Slithering Dr. Cruel November 24 1999 (2)
        
        Doc's Illimitable Nonsense (better) Stoller November 24 1999 (0)
        
        Doc's Illimitable Nonsense Stoller November 24 1999 (0)
        
        A 'Reaganesque' foreign policy is your remedy Stoller November 22 1999 (1)
        
        Re: A 'Reaganesque' foreign policy is your remedy Stoller November 23 1999 (0)
    - The Value of a Dollar Stuart Gort USA November 18 1999 (26)
      - The Value of a Ruble Dr. Cruel November 19 1999 (24)
        
        The Value of a meal Stuart Gort USA November 19 1999 (23)
        
        The (subjective) Value of a (happy) meal Stoller November 19 1999 (22)
        
        You quit! Stuart Gort USA November 21 1999 (21)
        
        Your 'morality' is morally reprehensible Stoller November 21 1999 (20)
        
        Economic Hedonism Dr. Cruel November 24 1999 (3)
        
        Equals Economic Danger Stoller November 24 1999 (2)
        
        Pointlessness Dr. Cruel November 30 1999 (1)
        
        Thanks for the anecdotes Stoller December 01 1999 (0)
        
        Disagreement = Immorality Stuart Gort USA November 23 1999 (4)
        
        Let Them Eat Anecdotes Stoller November 23 1999 (3)
        
        Let Them Digest Marx? Where's the Pepto Bismol! Stuart Gort USA November 24 1999 (2)
        
        Some countries have no Pepto Bismol (correct link) Stoller November 25 1999 (0)
        
        Some countries have no Pepto Bismol Stoller November 25 1999 (0)
        
        The Rise of Worker Capitalism David USA November 22 1999 (10)
        
        McSpot Stuart Gort UAA November 23 1999 (1)
        
        The NY Times is a right wing paper Nikhil Jaikumar DSA MA,usa November 23 1999 (0)
        
        Either they are correct or incorrect. David USA November 23 1999 (2)
        
        They're incorrect Stoller November 23 1999 (1)
        
        all of those stats came from government agencies. David USA November 24 1999 (0)
        
        Worker Capitalism is a oxymoron Stoller November 22 1999 (2)
        
        Did you know... Stuart Gort USA November 23 1999 (1)
        
        ...that Forbes is a card sharpie? Stoller November 24 1999 (0)
        
        a word Gee si November 22 1999 (1)
        
        I understand. David USA November 23 1999 (0)
      - The Value of $100 Stoller November 18 1999 (0)