#1
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http://anti-imperialism.com/2013/02/19/calculating-the-value-of-labor/
#2
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your posts are so shitty bitdefender thinks they're malware
#3
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Contrary to popular ‘Marxist’ belief, the value of labor is not indeterminate. A simple equation dividing the total value produced in a given period by the total number of working hours reveals the value of labor.

Unlike in Marx’s day when the total value produced in the world economy was unknown, today we can use the global gdp as a rough estimate of the sum. Likewise, because the total global population is statistically counted, we can extrapolate the total hours worked.

In 2011, the global GDP was $69,110,000,000,000. The total population was estimated mid-year to be 7,021,836,029. Let us assume that half of people regularly work. In this case, each worker produces about $20,000 per year. This would be the value of labor. Furthermore, if we assume each worker works 40 hours a week for 50 weeks a year, the value of labor is $10 an hour.

If the value of labor is $20,000/year or $10/hour, then a majority of US citizens receive incomes that include the full value of labor plus surplus value from the exploitation of other’s labor. While nearly 40% USians’ over the age of 15 have incomes that are formally below this figure, this portion likely receives welfare and other benefits which make up for their relatively low paychecks. The poorest 5% in the US are still better off than two-thirds of the world’s population. Due to the extreme level of parasitism of the US population at large, even a hypothetical sizable minority of minimally-exploited US workers would be politically and culturally bought off by capital.

As it stands, estimates of the global median income float between $1,250 and $1,700/year, $8,750- $8,300/year less than the estimated value of labor.

-Nikolai Brown
#4
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contrary to nikolai shitburger brown, traditional 'Marxist' definition of the value of labor is the amount required to reproduce the laborer, not how much she produces
#5
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contrary to popular reports, ur gaey
#6
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anti imperialism dot com, now coming to a subreddit near you
#7
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Category : ...Nikolai Brown, Crackers, Gringos and White Folks, Debates, Economics, Imperialism, Marxism, Political Economy, Theory
#8
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I heard his voice on his podcast. and he sounds even whiter than me. nikolai brown you are being called out
#9
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Nikolai Brown, meet me somewhere
#10
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shit reads like a freidman column lmzo
#11
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#12
Kurdt
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wrap it up nikolailures
#13
Mike Nelson here.
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this is sort of true in a way: if you want global equality, matched with ecological sustainability, you can't be like hey americans you'll be rich as hell under socialism, because some magical planner would have to redistribute american capital or income or whatever to like the congo or something.
#14
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it's also not, because it's not actually calculating the value of labour
#15
Mike Nelson here.
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jools posted:

it's also not, because it's not actually calculating the value of labour

perhaps "value" is a bogus concept, as with much of marxism?

#16
[account deactivated]
#17
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getfiscal posted:

jools posted:

it's also not, because it's not actually calculating the value of labour

perhaps "value" is a bogus concept, as with much of marxism?



#18
[account deactivated]
#19
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jools posted:

Nikolai Brown, meet me somewhere