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

i'm not talking about a global equilibrium here for all goods and
services, but demand-supply equilibrium for each category/type of
good/service

if you have a true demand-supply equilibrium for a given category/type
of good service (i.e. where anyone who wants to get any quantity of
any good/service can do so at the [median] cost of that good/service),
if you add a fixed margin of profit you can then use that to invest in
new goods/services that you wouldn't otherwise think of investing in
...and if you produce the new good/service in abundance i.e. such that
anyone who wants to get any quantity of that good/service can do so at
the cost of that good/service + fixed profit margin which can go into
creating a new good/service and so on ...

On Thu, May 7, 2009 at 4:31 AM, Diego Saravia <[email protected]> wrote:
> [Converted from multipart/alternative]
>
> [1 text/plain]
> 2009/5/7 marc fawzi <[email protected]>
>
>> <<
>> Its impossible to have an economic system at all (nor life) in
>> thermodynamic
>> equilibrium
>> >>
>>
>> I think everyone is talking about demand supply equilibrium not
>> thermodynamic equilibrium!!!
>
>
> not everyone, as I see
>
>
>
>>
>>   Maybe it's easy to confuse if one is
>> talking about thermoeconomics but you're stating the obvious here in
>> saying there is NO EXCHANGE, NO MOVEMENT, NO LIFE when the economy is
>> in a thermodynamic equilibrium, i.e. NO FLOW = NO LIFE, so I agree but
>> believe everyone is talking about demand-supply
>
>
> a stationary system (I use the word stable, but is  better stationary)
>
>
>>
>> But you can have demand-supply equilibrium for abundant goods/services
>> if everyone who wants to have a given good/service can have it at cost
>> (+ fixed profit margin so that there is not only sustainability but
>> also possibility, assuming profit is spent exploring new inventions
>> etc)
>
>
>
> you only need profit if you want exploitation (in a stationary system),
> that's "fist marxian theorem"
>
> if you explore inventions, or if you accumulate capital, or if your
> population grows, you are not in a stationary system (equilibrium in
> economic language)
>
>
>
>
>
> --
> Diego Saravia
> [email protected]
> NO FUNCIONA->dsa-AySywPH+/[email protected]
>
>
> [2 text/html]
> _________________________________
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> Contact: [email protected]
>



-- 

Marc Fawzi
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_________________________________
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