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re: Any takers for a discussion about “Marxian economics”?

Posted on 11/3/26 at 12:55 pm to
Posted by 4cubbies
Member since Sep 2008
64398 posts
Posted on 11/3/26 at 12:55 pm to
quote:

Why? It has done a pretty good job thus far. Better than mercantilism, fuedalism, etc. I am sure something better will come along sometime, b
true.

quote:

They do not coexist in our society today not because of capitalism, but because of coporatism. Our economy is not capitalist. We do not live in a capitalist society. We live in a corporatist society. Our government(most western governments) play favorites to those who pay to play. We are actually closer to fascism than many actually wish to say...and this is regardless of what party is in the White House. Both parties pick winners and losers. They just give empty promises via gifts from the public coffers to placate the voter base.
I agree with all of this.
Posted by 4cubbies
Member since Sep 2008
64398 posts
Posted on 11/3/26 at 12:56 pm to
quote:

My point is that the general argument when people bring up worker productivity is that because they are theoretically more productive that they are more valuable individually. But precisely the opposite is actually true. I mean I can do my particular job probably 10 times faster than somebody doing the same exact job could do it in 1970. But that's not because I'm 10 times better quicker or smarter or anything else. It's because I have access to 10 times better quicker Smarter Tools. So am I providing the added value or did the employer Who provided the tools create the added value?
if the tools can’t do the job without the person, then the person is more productive using the tools. The tools are useless on their own. The person is not useless without the tools.
This post was edited on 11/3/26 at 12:57 pm
Posted by BTROleMisser
Murica'
Member since Nov 2017
18292 posts
Posted on 11/3/26 at 12:58 pm to
So, do you believe Lindsay Clancy is guilty or not guilty?
Posted by AmishSamurai
Member since Feb 2020
4442 posts
Posted on 11/3/26 at 1:03 pm to
quote:

So, do you believe Lindsay Clancy is guilty or not guilty?



Posted by LEOPOLD2
Member since Aug 2026
224 posts
Posted on 11/3/26 at 1:04 pm to
quote:

the tools can’t do the job without the person, then the person is more productive using the tools. The tools are useless on their own. The person is not useless without the tools.
complete non answer

The QUESTION is am I suddenly more variable TO THE PERSON PAYING me just because that person PROVIDED the means for the added production? The answer is indisputably no
Posted by beerJeep
Louisiana
Member since Nov 2016
39502 posts
Posted on 11/3/26 at 1:21 pm to
So just to be clear…. Not going to respond to a single one of my logical retorts to your emotional takes? Not a single one?


Highest disposable income in world history.

Roughly 34k makes you the 1% of the world.

Capitalism has pulled more people out of poverty than any other system in human history.

Lindsey Clancy deserves to be strangled to death in the manner she murdered her innocent children.
This post was edited on 11/3/26 at 1:22 pm
Posted by AmishSamurai
Member since Feb 2020
4442 posts
Posted on 11/3/26 at 1:21 pm to
quote:

The QUESTION is am I suddenly more variable TO THE PERSON PAYING me just because that person PROVIDED the means for the added production? The answer is indisputably no


"With the tool, why can the producer not get another person to do the work at a lower cost of labor if that other person is willing to do the work?"

OP ...



The only way the original person, who uses the tool is worth more, is specialization which is why the AI revolution is taking a chainsaw to the labor market right now ...

Cause most of our economy is made up of individuals who push ones, zeros (formerly paper) and have no distinctive utility (specialization) that the tools/machines can now do ...

But these concepts are way beyond the OP's intellectual swimming depth ...
This post was edited on 11/3/26 at 1:22 pm
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
61005 posts
Posted on 11/3/26 at 1:30 pm to
quote:

Consumers didn’t decide to stagnate their wages.


And? Your stance relies on the idea that jobs are there for workers when the opposite is true: workers are there for the jobs.

For purposes of this conversation, workers are a product just like anything else. Supply and demand here meet at Price as well, except instead of Price we call this "Wage".

Prior to COVID we saw Boomers starting to age out of the workforce. The new, young workers didn't have that same dedication to a given company so job-jumping was quite common. That job-jumping meant Supply fluctuated while there was also an increase in Demand. That expressed itself as real wages increasing.

Along with that, you have to remember that determining real wages (because that's what we're really talking about) is a function of the value of the Dollar. The Dollar's value is determined primarily through three methods:

1. The PetroDollar (the desirability of using the Dollar to buy and sell petroleum on the international market)
2. The Preferred Reserve Currency (the currency most desired to trade goods between countries)
3. US Debt as an investment vehicle.

Along with workers, the Dollar is subject to the Law of Supply & Demand as well. The definition of inflation is too much money chasing too few goods and services. Thus, the more deficit Dollars the government creates from thin air, the less value each Dollar has and that's expressed as higher prices (since it takes more Dollars to equal the value of whatever thing).

Businesses have no control over that, the federal government does. Both Democrats and Republicans have presided over an environment of explosive and constant growth in deficit spending so let's not devolve to the useless party-blaming when both have engaged heavily in it (otherwise we wouldn't be in this position).

Businesses also aren't under any obligation to provide their workers a "living wage" (which is a subjective amount). What they are obligated to is to provide a safe work environment along with pay and benefits enough to attract and keep workers based on their demand for workers (including specified expertise positions) and the supply of workers with needed skills (or at least the ability to learn the skills).

Wages stagnating across the board aren't the problem nor are they a problem with capitalism; they are a symptom of a larger problem and it usually involves government over-reach of some sort.
This post was edited on 11/3/26 at 5:15 pm
Posted by el Gaucho
He/They
Member since Dec 2010
61555 posts
Posted on 11/3/26 at 1:53 pm to
quote:

Not even close to accurate

Completely 100% accurate


And after you got drunk your horse would carry you home they didn’t have nanny state commie laws like we do now about driving
Posted by LARancher1991
Baton Rouge
Member since Jul 2015
2592 posts
Posted on 11/3/26 at 1:59 pm to
Please tell me where you found this because it is completely an internet myth
Posted by el Gaucho
He/They
Member since Dec 2010
61555 posts
Posted on 11/3/26 at 2:04 pm to
quote:

Roughly 34k makes you the 1% of the world. Capitalism has pulled more people out of poverty than any other system in human history.

Let me guess


We need foreigners to increase our gdp




The average little Pygmy sentinel islander that ate michael Rockefeller in the 70s is 100x happier than your average American and he’s also healthier etc


It’s like how North Koreans are all like 5’2 and perfectly happy because without capitalism their women never develop hypergamy and the men have no reason to grow taller than 6 foot
Posted by el Gaucho
He/They
Member since Dec 2010
61555 posts
Posted on 11/3/26 at 2:05 pm to
quote:

Please tell me where you found this because it is completely an internet myth

Where’d you learn history? Some book that ghislane maxwells dad published?
Posted by 4cubbies
Member since Sep 2008
64398 posts
Posted on 11/3/26 at 2:18 pm to
quote:

n theory Marxian economics (just like socialism and communism that are forms of it) sounds great.

Marxian economics is just critical economics.
Posted by LSUnKaty
Katy, TX
Member since Dec 2008
5083 posts
Posted on 11/3/26 at 2:20 pm to
quote:

symptom of freedom.
You make freedom sound like a disease.
This post was edited on 11/3/26 at 2:21 pm
Posted by LARancher1991
Baton Rouge
Member since Jul 2015
2592 posts
Posted on 11/3/26 at 2:21 pm to
It is critical economics yes just like many other economic theories. But is also the foundation for socialism and communism. You don't have these two systems without Marxian economics.
Posted by 4cubbies
Member since Sep 2008
64398 posts
Posted on 11/3/26 at 2:22 pm to
quote:

The QUESTION is am I suddenly more variable TO THE PERSON PAYING me just because that person PROVIDED the means for the added production? The answer is indisputably no


You’re using this line of questioning to demonstrate what? That employers should buy more tools and hire fewer workers?
Posted by LARancher1991
Baton Rouge
Member since Jul 2015
2592 posts
Posted on 11/3/26 at 2:23 pm to
Answer the question where did you see that peasants only worked 100 days a year? I can tell you what the myth is based off of and how things actually worked. Before I do that though I wanna see if you get your info from TIKTOK
Posted by 4cubbies
Member since Sep 2008
64398 posts
Posted on 11/3/26 at 2:27 pm to
quote:

But is also the foundation for socialism and communism.
It’s a lens for evaluating the benefits and disadvantages of economic systems.
Posted by 4cubbies
Member since Sep 2008
64398 posts
Posted on 11/3/26 at 2:28 pm to
quote:

Answer the question where did you see that peasants only worked 100 days a year? I can tell you what the myth is based off of and how things actually worked. Before I do that though I wanna see if you get your info from TIKTOK
he’s just being silly
Posted by LARancher1991
Baton Rouge
Member since Jul 2015
2592 posts
Posted on 11/3/26 at 2:35 pm to
It's possible that what it has become over the years, but originally it was how Karl Marx showed the disadvantages of capitalism compared to socialism and eventually communism. However, even when writing what would one day be Marxian economics (he didn't come up with the phrase). He pointed out many situations in which socialism and communism could and did eventually fail.
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