File spoon-archives/marxism-intro.archive/marxism-intro_2004/marxism-intro.0410, message 27


Date: Mon, 4 Oct 2004 07:22:56 -0700 (PDT)
From: "DP"-AT-pseud.pseud
Subject: M-INTRO: submission


::Q:247
 Commodity producers do not exchange their products
 because they consider the labor in these products to
be equal, and therefore the fruits of the labor should
 be distributed on an equal basis.  Marx claims that,
 on the contrary, the market interactions induce them
to unknowingly equalize their labors.  Describe the
 process by which they equalize their labors, and the
 goal which they pursue in this process.

In the markets, goods are not exchanged according to
 the time that it took to produce them. In the market
 of selling furniture, two competitors, A and B will
sell a couch for the market value and not according to
the labor that it took to produce the couch.  If A
 took 4 hours and B took 2 hours, B will not charge
 half the price of A.  A will try to become more
 efficient in making furniture, cutting down the
 production process to earn more revenue per couch. 
 Profit maximization comes by working efficiently and
 who can produce quicker can also sell more.  By A and
 B constantly looking for ways to improve production,
 they are unknowingly equalizing their labors.



		
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