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Kuciwalker
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of Schmooism
Feb 2001 time: 00:17
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Aggie:
quote: Yes, but the owner creates none. It wouldn't matter if he didn't own it, the value would still be the same. |
1) the owner is the one applying the capital. And most often now, capital is not land.
2) in theory, the owner of the capital - in the form of land, a factory, whatever - got that capital either as a direct result of his labor (building a machine) or equivalently trading the direct result of his labor for the capital. (Of course, because we haven't always been capitalist things like land often were inherited from other systems, but to try and redistribute all that stuff would be like asking the Egyptians to pay reparations to the Jews for their years of slavery.) In effect, the capitalist has created the value by applying the product of his labor.
quote: All I claimed is that the value of things like land is not created by human beings. |
Land is a special case. Most capital is created directly from human labor, capital such as machines. Since land has the same effect as this capital, we class it with that.
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Kontiki
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Canada
Aug 2001 time: 00:17
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quote: Originally posted by Urban Ranger
There are several problems with this.
First of all, motivation directly ties with interest. IOW, if somebody is interested in doing something, he will be much more motivated doing it. Hunger and death never serve as good motivators - sure, people will work to avoid these, but productivity will never get high. |
Do you have your dream job right now? I sure don't. But I know what I want to do and I'm building my way there, swallowing some crap along the way because it's likely to get me where I want. And part of that is busting my but doing some things I don't like, including living somewhere I don't want to live. My motivation doesn't come from doing something I'm interested in doing, it comes from knowing that I'm getting closer to doing something I'm interested in doing.
quote: Secondly, claiming that "people alot dumber than you now have better jobs than you do" is unfair. As it was pointed out before, luck is an important if not overarching factor. Are you dumber than GWB? Why is he the President of the United States and you aren't? |
What would you do if you got fired - sit on the curb and cry until someone handed you a job, or do something to get yourself a new one? Fate throws you some curves from time to time, it's how you handle them that matters. Oh, and about GWB? I'd like to think I'm smarter than him. But I'm not president because A) I'm not American B) I'm not old enough C) I have no interest in getting into politics D) Largely because of C), I haven't built any political networks or made any career moves that would lead me in that direction and E) I wouldn't want the job if someone handed it to me on a silver platter. Why aren't you President of the United States? Bad luck?
quote: Thirdly, how do you define "better jobs?" Higher pay? More social recognition? Large number of perks? What? |
That's rather subjective, isn't it? I would assume that Kid would find that there are dumber people in what he would define as a better job. Same goes for me, and I'm sure for you too.
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Kontiki
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Canada
Aug 2001 time: 00:17
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quote: Originally posted by Urban Ranger
This is what you will find in a zillion self-help books (very popular with USians) but reality is not like that.
How could a person look at long-term prospects if he cannot even meet the short-team goals (e.g. paying rent, buying food)? How could a person see anything -- let alone writings on the wall -- if that person keeps his head down to do 12 hours of manual labour a day? How is it possible to make alternate arrangements if the means are not available?
You're just talking about some capitalist dreamland. |
The funny thing is, we live in that capitalist dreamland because what I've described happens every day. I'm not saying it's necessarily easy or that success is guaranteed, but you can certainly do things to better your chances. And in the meantime, like Flubber, I'm all for having a social safety net that provides a basic minimum income and tries to equal out social opportunities like education and health care.
But please, enlighten us on that communist reality where everyone has a job they love that's provided by the state, everyone gets along and looks out for each other's best interest, and everyone is so hyper-productive that salaries are meaningless.
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Urban Ranger
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Apolyton Duke of Off-Topic
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quote: Originally posted by Kontiki
The funny thing is, we live in that capitalist dreamland because what I've described happens every day. |
What you are saying is exceptions do occur, and I agree with that. There are those who win lotteries, and there are those who live long lives dispite heavy smoking and drinking. Heck, somebody's car was hit by a meteorite just a few months ago. Speaking of exceptions do not have any force countering a general argument.
quote: Originally posted by Kontiki
But please, enlighten us on that communist reality where everyone has a job they love that's provided by the state, everyone gets along and looks out for each other's best interest, and everyone is so hyper-productive that salaries are meaningless. |
Let me show you a glimpse, a microcosm perhaps. You have heard of Free Software (sometimes known as Open Source Software -- I am ignoring the philosophical differences here), right? Here we have people writing software for free, some programs are of very good quality (e.g. Firefox, mySQL). Free Software evolves faster, have bugs fixed quicker, and is free.
Any questions?
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David Floyd
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The bottom of a large bottle of beer
Jan 1970 time: 05:17
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quote: Things have value because they serve human needs, that is why people apply labour to creating them. |
Actually, things have value because people believe them to be valuable. Without that belief, no amount of labor would be worth anything.
If you dig a ditch, it's worthless - there's no value attached to the ditch just because you dug it, unless someone attaches a value to it. A ditch doesn't have intrinsic value, nor does anything else that can be produced.
That's the way I see it, at least.
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Velociryx
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of Candle'Bre
Apr 1999 time: 05:17
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Ag: The one thing I think you fail to grasp is that "living off rents" is not...I repeat, is NOT living without doing any work.
Perhaps this was true in Feudal times, but it certainly ain't true now.
In today's society, if you own rental properties, there are SCADS of laws that REQUIRE landlords to maintain their properties. I have spent FAR more on my two rental properties than I've made back thus far. It'll be a long time before I break even, and even when those properties are paid for completely, there's still lots of work to be done, in the form of regular maintenance, books and records to keep for the government, taxes to pay, cleaning and prepping when folks move out. (granted, there are some--a minority--"slum lords" but a lot of this is by virtue of government mandated "Rent Controls" and the like)
In short, it is NOT a case of lazing around all the day long and just living off the fat.
Those properties were acquired by virtue of my labor.
They were enhanced and and made livable by virtue of my labor.
They will be maintained by virtue of my labor.
And again, I am assuming a certain amount of risk each time I let someone new move into the place. The risk that they'll trash the place and undo all my hard work.
These things (including the assumption of risk, both the marginal risk (with each new tenant) and the overall risk (assumption and responsibility for the mortgage), all deserve compensation.
See....*someone* has to be responsible. In this case, I'm responsible for the properties.
The bank don't care if the property is rented or not. I'm still responsible for making those mortgages. Assumption of that responsiblity is risk. Risk is compenatable.
This is true even if the state is the one doing all the risk taking (by owning all the capital).
You cannot escape that, simply by declaring everything to be the property of the state.
Someone (in that case, the state) still has to take the risk, and that risk MUST be compensated, or it will never be taken in the first.
Oh...and I am curious. You maybe didn't see my question in the previous thread, so I'll re-iterate and slightly change the question here:
I'm assuming that dating is still allowed in the communist utopia, right?
'k...so let's say I'm living in Red Land, and I make slightly more than I need to survive. So I squirrel a little bit away each month, putting it under my mattress, cos there is no banking system (no interest, no need for a bank).
My next door neighbor is dating a cute lil' Comrade, and wants to REALLY impress her, so he comes to me asking if he can borrow $200.00 to help fund the dream date.
If I loan him $200.00, how much do I get paid back?
Do I just get my $200.00, or am I entitled to more than that because:
1) While he's got my money, I can't use it.
2) There's a chance he might not pay me back at all
3) Money has a time-sensitive value, and money paid back down the line is generally worth LESS than money in hand today
So, the question....how much will I get back, and why?
-=Vel=-
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Spiffor
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CPA - Evil Clone brigade
Nov 2001 time: 06:17
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quote: Originally posted by Velociryx
Spiffor: Since everything is owned by the state,the state can collect what money it needs from taxation (which is in itself, exploitation by the way it is defined here, but :: shrug:: ). |
Everything is not owned by the State. Even in a fully-fledged planned economy, the State only owns the means of production. Which means that your bed and your money are really yours. And if you have significant savings under your bed, it is as much capital that is not readily available for investments. The lack of a banking system is a completely unsound policy. Communism doesn't abolish the concept of finance, and as such, it doesn't abolish the idea of banking (it can bring strong changes in the banmking system however)
quote: In any case, without interest (Marx: Interest = bad), there's no NEED for a banking system, and certainly no incentive to deposit your money into one. |
False. A society needs banks in order to concentrate all the capital in one place, instead of having it scattered across the land. Interests are what the banks live off, and they are the primary reason why people put their savings at the bank.
However, interests are not the inherent raison d'être of a bank. Making money available for those who need it at a precise time and location is.
Heck, my money is on an interest-less account, and I yet use it because it is safely stores my money, and makes it available at any ATM in the world. If you don't carry change too often, I'm sure even you would bring money to the bank.
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