Date: Wed, 23 Jul 1997 20:40:09 -0800 From: djones-AT-uclink.berkeley.edu (rakesh bhandari) Subject: Re: M-TH: Re: Info Revolution James Heartfield notes: >productive labourer. None of this bears on the example, musicians >recording scores for reproduction on CDs. The CD market is a productive >industry, meaning that it is productive of surplus value, and hence >there labour, too, is productive - with the proviso that it must >represent a tiny proportion of the value embodied in the CD, since the >work of one recording must be spread over thousands of CDs. But what a day Bohm-Bawerk would have had with this! No need to refer to golden meteors, fine aged wines and rare art works--the prices of which obviously exceed the labor time embodied in them. Well, Marxists could argue then,as did William J Blake, that such exceptions could luckily be put aside as unrepresentative of specifically capitalist production--which is Marx's real object of investigation, given his scientific principle of historical specificity. But no luck this time, the CD is one of the many mutant children of capitalism. If, as James claims, the value contributed by the musician must be spread over thousands and perhaps a golden million of CDs, then this is to claim that, for all practical purposes, the musician produces no value per unit at all. But James does not admit to this absurd conclusion. How could this be? Why isn't the value produced by the musician simply the product of the number of CD's sold and the difference between what a blank CD would sell for and what it sells for after the musician's tune has been imprinted on it? Why should value contributed simply be determined by labor time, as if Marxist morality actually ruled the bourgeois marketplace? It would seem that the musician creates much more value than the labor time she has put in, including all the rehearsals and revisions (if you must). Perhaps one could argue that the CD prices would come crashing down if the technology was freely available to easily reproduce them. As Manuel argued in the Digital Recorder (essay submitted to marxism international months ago), it would then be the law of value which explains the attempts to suppress such digital technology and the war against pirating and copyright infringements (note the attempt by American lawyers to rewrite copyright laws in India presently). Again, the law of value will have shown its regulative function not in market prices per se but in the countertendencies it has called forth. Rakesh --- from list marxism-thaxis-AT-lists.village.virginia.edu ---
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