Re: [ox-en] Re: Profit and Value, was: Re(2): [ox-en] extrinsic motivation = coercion

Well, yes, I had abandoned the 'p2p energy economy' model as of the
last release 3.00.00 and I'm troubled now by how the system has to
work in order to work for humans given our own flawed tendencies.

On Wed, May 6, 2009 at 5:20 AM, Franz Nahrada <[email protected]> wrote:
> Mark Fawzi writes:
>
>>I'd agree with Franz but profit can be a "fixed" percentage, e.g. 10%,
>>above "median cost" (assuming a collective costing/pricing model is
>>used.. see 'p2p energy economy' for details)  .. This is in addition
>>to profit that can be achieved through lower-than-median cost of
>>production (due to higher efficiencies)
>
>
> actually what you point at is the "rate of profit" which indicates a
> relation between costs of production and profit. The rate of profit
> according to Marx theory is subject to a process of equalisation - towards
> average profit - by capital streaming into sectors with high
> profitability, increasing competition and thereby lowering the market
> price of commodities.
>
> Given the model of an "average" rate of profit there is a tendency as you
> mention to lower the rate of profit regardless of monetary competition by
> replacing workers by machines which results in lower value of same or
> increased outputs - a process totally hidden to the actors because they
> cannot see the difference between value - transforming and value -
> building elements of the production process. (They could see it if they
> forgot their interest in profit for a minute.)
>
> The problem with "fixing profit" is that in this model the underlying
> dynamics of the capitalist production system is cut. We should really look
> thoroughly at the failed Soviet model and ask ourselves if they did not
> try to do exactly what you described above and what excat consequences
> this had.
>
> Franz
>
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Marc Fawzi
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