Sunday, January 27, 2008

Ramy, Sean and Alexis on Marx

In this text, Marc describes the mechanism of commodity value creation in the social sphere. He describes how man-hours can be counted as a direct value to
man-made commodities. Therefore the exchange-value system is inherent to the creation of man-made commodities.
Labor versus the social property of labor contribute to the inflation of value, as the social caracteristics of labor have nothing to do with the value. It is rather
capitalism that creates false value through the need of society for a type or another of labor, here the offer and the demand. Marx talks of money as the materialization
of exchange-value. But money hides and camouflages the facor of necessity of living and the value of work. So where do we draw the line between a commodity
and a product of labor? Something we do need and something we don't. In the example of the family, given by Marx, all the labor is converted directly into product
of labor because there is no one else to exchange their labor for commodities. This is the allegory of the best system of social production. It is an example of man
controlling his economy rather than being controlled by it, as capitalism knows so well.

Other major concepts if the text are that religion is bad. As he describes, religion is the reflex of the people. Reflex? What does that mean? When you brun your arm,
the nervous system of reflexes is so fast that this message does not even have time to get to the brain. Extreme speed if the key. What happens to a people when
they don't know where they come from? Who put them there? They immediately create come higher beings to explain their presence. This relates to the concept of
abstraction, once again. Taking things as they are, direct exchange-value from labor for example rather than abstractgion value by using money.

So where does that put modern day money in the game? Even worse, where does that put credit? This is a fourth level of value abstraction. And the further we abstract,
the more capitalist and uncontrollable the economy becomes. (value of labor, value of commodities, value of money, value of credit)

And on that note :

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