C of L49...'surplus value'

Mark Kohut markekohut at yahoo.com
Fri Jun 5 17:17:51 CDT 2009


 Metzger nails it re a corporation profiting from the labor of its workers:
http://en.wikipedia.org/wiki/Surplus-value
 
When Marx conceived it, it applied mostly to sheer physical work.......that could be sold, resold for more
than the cost of materials and the money paid to laborers to make whatever...........That "surplus value" became
the corporation's. Post-industrially, it applies as much to one's 'mental work" at a company. 
 
my hobbyhorse--that TRP idealizes early America: 
[In the United States, government chartering began to fall out of vogue in the mid-1800s. Corporate law at the time was focused on protection of the public interest, and not on the interests of corporate shareholders. --wikipedia
^ For a comparison of the differences between the "Classic Corporation" (before 1860) and the "Modern Corporation" (after 1900), see Ted Nace, Gangs of America: The Rise of Corporate Power and the Disabling of Democracy 71 (Berrett-Koehler Publishers, Inc., San Francisco 2003). ] wikipedia
 
 
Metzger, representing the man who admired Jay Gould, is The Modern Materialistic Corporate America. 
Dead to the human individual, ingenuity, creativity, etc....
 
All the others are NOT.............
 
Misc. p. 89  Re: "you're so right-wing you're left-wing" as Metzger says of Mike F. of the Peter Pinguid Society. 
Many political theorists acknowledge how close theoretical "anarchism" and the very "conservative" Libertarianism are
in their conceptually purest forms.....
 
Misc. surplus value'  has always seemed like a metaphoric description of what P offers........


      




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