Monday, November 8, 2021

Infrastructure week: organs of the human brain, created by the human hand

Who owns general social knowledge? Who owns the general intellect? Alf Hornborg pointed out that without the fuel to run it, a tractor is simply a piece of sculpture. It is not even a sculpture, though, if there is no one to design it and build it and operate it, let alone to design and manufacture the tools needed to build the tractor and so on.

Marx's list of things nature does not build, "machines... locomotives, railways, electric telegraphs, self-acting mules etc." is echoed in the next paragraph, "railways, canals, aqueducts, telegraphs etc." but this second time explicitly excluding of "the machinery directly active in the direct production process."

Here's what happens (sometimes) when one reads, and rereads, and rereads a passage that at first seemed a bit obscure or even incoherent: the two paragraphs (four in the collected works translation) beginning with "Nature builds no machines..." are indispensable to the theory of surplus population and surplus capital. This is the place in the third -- and customary -- fragment on machines where Marx addressed surplus population. Surplus population is a condition for this:

As the magnitude of relative surplus labour depends on the productivity of necessary labour, so does the magnitude of labour time - living as well as objectified - employed on the production of fixed capital depend on the productivity of the labour time spent in the direct production of products.

Or, another translation, from the collected works:

Just as the amount of relative surplus labour depends upon the productivity of necessary labour, so the amount of the labour time employed on the production of fixed capital—living labour time as well as objectified—depends upon the productivity of the labour time intended for the direct production of products.

Marx is drawing an analogy here between the relationship of necessary labour to surplus labour (relative surplus value) and the relationship of direct production of consumer goods to the production of fixed capital. The input for the first relationship is socially necessary labour time while the analogous input for the second is socially unnecessary labour population -- that is, a population that has been been freed from production of necessities because it is no longer necessary. 

The surplus value produced by this surplus population is not immediately realizable. It is postponed indefinitely and thus, according to Marx, creates a disproportion between the need for circulating capital and the need for fixed capital, "when sometimes too little, then again too much circulating capital is transformed into fixed capital."

And there you have it. Marx's crisis theory: the production of fixed capital is to the production of consumption goods as the production of relative surplus labour is to the production of necessary labour.

To bring the analogy back full circle to the first paragraph: the production of general social knowledge is to the production of fixed capital as the production of fixed capital is to the production of consumption goods...

Who owns the general social knowledge?

to be continued...

7 comments:

  1. Marx's crisis theory: the production of fixed capital is to the production of consumption goods as the production of relative surplus labour is to the production of necessary labour....

    [ Please explain this, since I am lost after several readings. ]

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  2. Marx's crisis theory: the production of fixed capital is to the production of consumption goods as the production of relative surplus labour is to the production of necessary labour....

    [ No, I do not understand even though the writing is clear. Please explain when possible. ]

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  3. Well, I tried again but I do not understand the "crisis theory" as explained. The relationship makes no sense as yet.

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  4. Yes, it took me many, many times to make sense of it. I gave up once and then came back when I had a bit more background. Think of relative surplus value. If the length of the working day is 8 hours and it takes 4 hours for the worker to produce the equivalent of her wage, then the magnitude of surplus labour time is 4 hours. If productivity improvements make it possible to produce the equivalent of the worker's wage in 3 hours, then the magnitude of surplus labour time is 5 hours.

    Marx was making an analogy between the above relationship and the relationship between productivity in the final goods industries and the magnitude of labour time -- both living and objectified in machinery and raw materials -- in the industries producing fixed capital, that is machines, railroads, canals etc.

    Productivity gains in the direct goods producing industries releases workers from employment in those industries. This is self-evident because if workers weren't released, there would be no available labour force to be employed in the industries producing what mainstream economists call intermediate goods.

    Perhaps it would help to compare Marx's analysis here to the section in chapter 15 of Capital on machinery and modern industry, section 6, where Marx discussed "the theory of compensation as regards the workpeople displaced by machinery." Bourgeois political economists "insist that all machinery that displaces workmen, simultaneously and necessarily sets free an amount of capital adequate to employ the same identical workmen." Marx shows why that is not the case. Here is a long quote from Marx that explains why the apologists of capitalism are wrong (by the way, his argument is closely related to my refutation of the alleged lump-of-labour fallacy):

    https://econospeak.blogspot.com/p/marxs-refutation-of-theory-of.html

    The comment limit won't let post the quotation here so I have made a page for it.

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  5. What a wonderfully clear description-explanation. I understand and now for several additional reading of both pages.

    Thank you, thank you.

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  6. All this fine, fine work should prove especially valuable, since the intellectual history here is being emphasized by Chinese social scientists as China goes along the development path marked from about 1977 on. I fine your writing a revelation.

    ReplyDelete

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