[Marxism] If you want to identify the ruling class, you have to decide what is a social class.

Aaron Aarons aaron at mylists.fastmail.fm
Sun Nov 2 01:32:32 MST 2008


There are a couple of problems with this.

1) Mathematically, adding c to v and/or s makes no sense, since c is a measure of value while v and s are measures of value per unit time. It's like adding miles and miles per hour.

2) More important is that, if value is measured by socially necessary labor time, it is sometimes the case that v, the value of the goods bought by the workers' wage, is greater than the total value of the product created by the worker's labor. This is due to unequal exchange, which is usually a reflection of imperialist exploitation but can also be the result of monopoly.

In other words, surplus value can be negative and the capitalist can still make a profit.

 - Aaron

>From: "johnaimani" <johnaimani at earthlink.net>
>Date: Sat, 1 Nov 2008 21:37:50 -0700
>
>Ask any 'Marxist' how is it that class is determined and she/he will no doubt aver "Class is determined by ones relationship to the means of production".  Ask them what that means and they can't tell you.  These is a scientific analysis of class and that is that class is determined by the value-composition of the product one sells.
>
>The constituents of value are c + v + s. 
>
>Now c + v, in the hands of the capitalist, equal C (for Capital that can be used to purchase constant  (c) and varariable (v) capitals).
>
>And v + s, when controlled by the worker, equal l (for the full value of the labor of the worker.).
>
>We are then led to this formulation of the classes:
>
>Working Classes
>
>    Wage-worker - v (the wage worker has only hir's labor-power (v)  to sell)
>
>    Independent worker - c + l (the IW must have hir's own means of production (c) and owns the full value of hir's labor (l)
>
>    Petit-Bourgeois - (c + l) + (v + s) (the PB owns the constant capital hir uses (c) and hir's own labor (l) + purchase the labor-power of hir's workers (v) and             owns the surplus produced by the worker (s))
>
>Capitalist Classes
>
>    Petit-Bourgeois - (c + l) + (v + s) (the PB owns the constant capital hir uses (c) and hir's own labor (l) + purchase the labor-power of hir's workers (v)                 and owns the surplus produced by the worker (s))
>
>    Capitalist - C
>
>        Industrial - (Cp) where p stands for enterprise profit
>        Rent - (Cg) where g stands for ground-rent
>        Financial - (Ci) where i stands for interest
>
>It will be noted above that the PB lies in both classes, or rather is a hybrid of both classes.  This is so because hir's own labor (l) is necessary  to maintain hir (i.e. hir can neither maintain hir's position solely by hir's own work (in that case hir would be an IW); nor can hir maintain that position solely by exploiting wage-labor (in that case hir would be a capitalist).




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