Isn’t that imaginary “full value” somewhere far far above or below – lets call it, “momentum optimum value”?
As I see it: too much concurency in place (lets say geographycaly) and workers will fight between themselves for work, vages will go down. Too few specialists and the value of them goes up for the team (company, organization, comunity, town, etc…) Such specialist, for several hours and his half day trip, can be overpayed so much, that 10 full time workers (spending their time creating value, puting effort) working 8 hours/day for a whole week would not get in total. Are socialist gonna to pay them all equal or maybe even more for the second ones, reasoning that technicaly they been putting more effort and time? Or are we just playing with words and an abstraction “full value” means nothing else than “how much that is worth as part of a product”. But if so, then your before mentioned, hipotetycaly ‘nothing doing’ CEO or Owner (living from investment of capital), alsow did their value part. First one, lets say, by making a 5 minutes call (or just playing a tenis with right client) which granted a begining of 6 milion contract arangements. Second one (I’ll take an extreme), by deciding to give his money to broker or banker for them to invest in some sucsessfull busines, or by spending it on to be able to do nothing, instead of keeping it under his pilow. Oh and by spending it he also somewhat does create a value – he buys cofee for 20$ instead of 2$, creating value oportunity for the restaurant and it’s labourers and further down the chain.
How do we measure that “full value” in your understanting of (post capitalism) socialism? Is it by labour hours, labour effort, or labour effect?
What about cases, then wisely doing nothing will create value too? :) E.g. not shipping right away, but delaying/waiting for more orders to combine, will optimise logistics and so it will create value.
Isn’t that imaginary “full value” somewhere far far above or below – lets call it, “momentum optimum value”?
As I see it: too much concurency in place (lets say geographycaly) and workers will fight between themselves for work, vages will go down. Too few specialists and the value of them goes up for the team (company, organization, comunity, town, etc…) Such specialist, for several hours and his half day trip, can be overpayed so much, that 10 full time workers (spending their time creating value, puting effort) working 8 hours/day for a whole week would not get in total. Are socialist gonna to pay them all equal or maybe even more for the second ones, reasoning that technicaly they been putting more effort and time? Or are we just playing with words and an abstraction “full value” means nothing else than “how much that is worth as part of a product”. But if so, then your before mentioned, hipotetycaly ‘nothing doing’ CEO or Owner (living from investment of capital), alsow did their value part. First one, lets say, by making a 5 minutes call (or just playing a tenis with right client) which granted a begining of 6 milion contract arangements. Second one (I’ll take an extreme), by deciding to give his money to broker or banker for them to invest in some sucsessfull busines, or by spending it on to be able to do nothing, instead of keeping it under his pilow. Oh and by spending it he also somewhat does create a value – he buys cofee for 20$ instead of 2$, creating value oportunity for the restaurant and it’s labourers and further down the chain.
How do we measure that “full value” in your understanting of (post capitalism) socialism? Is it by labour hours, labour effort, or labour effect?
What about cases, then wisely doing nothing will create value too? :) E.g. not shipping right away, but delaying/waiting for more orders to combine, will optimise logistics and so it will create value.