4 ms·

Labor is the source of value. The managerial and owner class is paid and gets rich through the surplus of your labor. If your boss stops working, value is still

Labor is the source of value. The managerial and owner class is paid and gets rich through the surplus of your labor. If your boss stops working, value is still created. If you stop working, everything grinds to a halt. You are being taken advantage of.

conanbatt 7y ago
Yes Marx, you are right, and that model not only explains everything but it has been successful in modeling the future, public policy and to organize labor.
mrkstu 7y ago
Do you have any awareness that this is just a framing, not objective truth? Applying a set of labels to match a predetermined story with two dimensional pre set roles. If an owner closes a company and stops paying any salaries just because he has enough money already, is that good or bad for the wage earner? If the labor has inherent value why does he need a boss/owner in the first place? Marxist or any other framing devolves to drivel when you use it mindlessly by rote- painting by the numbers won’t create any new art and mouthing platitudes creates no new information.
bcheung 7y ago
Labor is only one of many sources of value. Some other sources are technology, machinery, relationships, capital, education, experience, reputation, and efficient organization of resources. A business, by necessity, brings much more to table than the mere sum of the labor. The managerial class is paid to efficiently organize human resources (hiring, motivating, growing, conflict resolution, scheduling, removing obstacles to labor) and non-human resources (budgeting, purchasing, etc). The owner is paid for making sure a company is aligned with a vision, investing resources, securing funding, assuming liability, and taking risks. Labor is worth very little without the above mentioned things. This is why people often work for others rather than themselves.
- opportune 7y ago
  >technology, machinery, relationships, capital, education, experience, reputation, and efficient organization of resources Literally all of these are a result of labor. Maybe not relationships per se but in a business context, yes. The rest of your comment also seems very ignorant of basic Marx
  - bena 7y ago
    Consider the idea that he thinks Marx is wrong and that basic Marx is more basic than Marx.
    - opportune 7y ago
      Can you dispute the idea that technology, machinery, capital, education, experience, reputation, and efficient organization of resources are not all direct outcomes of labor?

conanbatt 7y ago

Yes Marx, you are right, and that model not only explains everything but it has been successful in modeling the future, public policy and to organize labor.

mrkstu 7y ago

Do you have any awareness that this is just a framing, not objective truth? Applying a set of labels to match a predetermined story with two dimensional pre set roles. If an owner closes a company and stops paying any salaries just because he has enough money already, is that good or bad for the wage earner? If the labor has inherent value why does he need a boss/owner in the first place? Marxist or any other framing devolves to drivel when you use it mindlessly by rote- painting by the numbers won’t create any new art and mouthing platitudes creates no new information.

bcheung 7y ago

Labor is only one of many sources of value. Some other sources are technology, machinery, relationships, capital, education, experience, reputation, and efficient organization of resources. A business, by necessity, brings much more to table than the mere sum of the labor. The managerial class is paid to efficiently organize human resources (hiring, motivating, growing, conflict resolution, scheduling, removing obstacles to labor) and non-human resources (budgeting, purchasing, etc). The owner is paid for making sure a company is aligned with a vision, investing resources, securing funding, assuming liability, and taking risks. Labor is worth very little without the above mentioned things. This is why people often work for others rather than themselves.

opportune 7y ago
>technology, machinery, relationships, capital, education, experience, reputation, and efficient organization of resources Literally all of these are a result of labor. Maybe not relationships per se but in a business context, yes. The rest of your comment also seems very ignorant of basic Marx
- bena 7y ago
  Consider the idea that he thinks Marx is wrong and that basic Marx is more basic than Marx.
  - opportune 7y ago
    Can you dispute the idea that technology, machinery, capital, education, experience, reputation, and efficient organization of resources are not all direct outcomes of labor?