MARX WAS WRONG ON LABOR. THE PROBLEM IS ORGANIZING PRODUCTION NOT LABOR. LABOR I

MARX WAS WRONG ON LABOR. THE PROBLEM IS ORGANIZING PRODUCTION NOT LABOR. LABOR IS A COMMODITY WHOSE ONLY VALUE IS DETERMINED BY SCARCITY. THE MORE POPULOUS THE LOWER CLASSES THE LESS SCARCE, THE LESS VALUE.

Organizing production is where the value is created. Potential labor is merely a commodity like wood or wheat.

Organizing production, and in particularly organizing voluntary production using nothing but incentives, in an environment where your offered incentives are tested against other incentives, (your theory of demand for your good or service is tested), is where value is created.

If that was not true, people would never have to look for work. When people look for work they are seeking to ‘buy’ income by participation in the organization of production that they themselves cannot organize and profit from – they are capable only of organizing their OWN labor. Property-Rights Makers(aristocracy), Investors, Bankers, Entrepreneurs, People who calculate in various jobs, down to the people who manage machines and who operate machines, each organize labor – their own and that of others. And we do this all in real time with constantly changing wants, needs, scarcity and prices.

We are rewarded for the value of our contribution, which is determined by the scarcity of our contribution. Organizing production is more rewarding than any other activity. It is extremely difficult. It is extremely difficult and highly unproductive to organize production involuntarily in a managed economy. It is extremely difficult but highly productive to organize production in a voluntary economy.

There is no reason that we cannot use both involuntary (the military) and voluntary (the market) organization of production in the same economy. There is no reason that the physical commons cannot be maintained involuntarily as is the military, while the more complex commons and the market itself are organized voluntarily. Only socialism and libertarianism have tried to enforce a monopoly mode of production. And while I agree that an aristocratic, highly homogenous society that that of the English once possessed could produce a libertarian order, the fact of the matter is that even in that order, we had a lot of lower class labor in oversupply, which for all intents and purposes could have been organized, like the military, for the production of commons.

THE OBJECTIVE OF THE LOWER CLASSES MUST ALWAYS BE TO REDUCE THEIR NUMBER TO INCREASE THEIR TAKE. DEMOCRACY REVERSES THIS AND WORKS AGAINST THEM.


Source date (UTC): 2014-09-29 05:10:00 UTC

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