jwmhjwmh

5 ms·

1.
Determinants of the profit rate and the trajectory of capitalist economies [pdf](carecon.org.uk)
2 points by jwmhjwmh 4y ago|0 comments
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by jwmhjwmh 4y ago
I'm Gen Z and I learned cursive in elementary school. I've forgotten most of it, though.
3.
by jwmhjwmh 4y ago
If you automate everything, how is profit made? Say every firm charges a 5% markup above costs of materials and machine upkeep. A given firm must pay other firms' 5% markups on the materials it needs, making it cheaper for the firm to
4.
by jwmhjwmh 4y ago
The article is paywalled, so I'm just going by the title, but one thing holding back labor productivity is low wages. When wages are low, labor-saving technology is less likely to be cost-effective. It's funny when Hacker News&#x2
5.
by jwmhjwmh 4y ago
The increasing prevalence of "dead labor" (maybe another term for it is "fixed capital"?) depends on the changing processes of production. An example of the process is the switch from human-powered hoeing to animal-power
6.
by jwmhjwmh 4y ago
I think the orthodox Marxist position is that prices gravitate around labor values in a competitive market. The main reason for profit is that people can produce more value than is necessary to sustain themselves, so capitalists don't
7.
by jwmhjwmh 4y ago
Specifically, profit made selling goods at their equilibrium price is made by exploiting workers. If you introduce a new good, you will have a monopoly on it for a time, meaning you could turn a profit selling it without exploiting your wor
8.
by jwmhjwmh 4y ago
Privatizing the police seems like a bad idea. For one thing, it exacerbates inequality between those who can pay for security and those who cannot (or can only pay for inferior service.) If private security becomes the go-to for the well-of
9.
by jwmhjwmh 5y ago
After many tries, I finished level 12 in one stroke. It would be nice to be able to skip the starting animation.
10.
by jwmhjwmh 5y ago
> Comparing what Russia is doing in Ukraine to anything the US has done in the last 100 years is an exercise in false equivalence. One so blatant that it defies any attempt to interpret in good faith. Are you fucking kidding me? Are you
11.
by jwmhjwmh 5y ago
There were two other coups in the years leading up to Sankara's taking power, so I wouldn't say that the country was exactly in a stable state. I don't think the problem is the lack of training in democracy. I think the probl
12.
by jwmhjwmh 5y ago
I believe Burkina Faso did very well under Thomas Sankara, whether or not you want to call him a "strongman". He definitely was not aligned with the West. In fact, he had close relations with Cuba.
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by jwmhjwmh 5y ago
Apparently a mother was seen applying an insect to her child. I doubt she would purposefully poison her own offspring.
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by jwmhjwmh 5y ago
> You can mess around in the garden (overseas) as much as you want, as long as you keep the house clean. > That’s not fair, but it is consistent. I guess xanaxagoras was just assuming that the CEO of Namecheap had basic human decency.
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by jwmhjwmh 5y ago
https://www.acpjournals.org/doi/10.7326/M19-2415
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by jwmhjwmh 5y ago
Other people who have also taken time to study how the system works will tell you that it is the issue.
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by jwmhjwmh 5y ago
Jimmy Carter did some bad stuff too. From his Wikipedia page: > During Carter's presidency, the U.S. continued to support Indonesia as a cold war ally, in spite of human rights violations in East Timor. The violations followed Indon
18.
by jwmhjwmh 5y ago
Very well. Let me just say that any large company involves humans telling other humans what to do, even if the workers work there "voluntarily". Many people have no choice but to work for such companies.
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by jwmhjwmh 5y ago
I'm not an economist either. It just seems the business cycle has been a persistent feature of capitalist economies.
20.
by jwmhjwmh 5y ago
> central planning does not fix those deficiencies, it makes them worse How would the system I'm describing make inequality and the resulting conflict worse? > you have to count the communication between the nodes as part of the
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by jwmhjwmh 5y ago
You say "a free market does [calculation] fine," but it has obvious deficiencies that I have already remarked upon. As I have said before, the optimization problem can be solved on modern computers without the problems of the mark
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by jwmhjwmh 5y ago
I'm not sure what you mean by "information channels". Wouldn't a factory mainly just need to communicate its inputs and outputs the computer or computer cluster doing the calculation? Similarly for distribution centers.
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by jwmhjwmh 5y ago
Yes. However, using modern computing and communication technology, it would be possible to run a complex economy with calculations "in-kind". That is, most calculation could be done using the inputs and outputs of millions of proc
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by jwmhjwmh 5y ago
Another win for state economic planning.
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by jwmhjwmh 5y ago
The root problem is that this person is struggling to feed their family. If workers had a little more freedom, they wouldn't have to worry so much about finding work ASAP. The suggestion isn't necessarily moralistic. It's jus
26.
Building the Cybernetic Commune(haerdin.se)
1 points by jwmhjwmh 5y ago|0 comments
27.
by jwmhjwmh 5y ago
Whoops. I guess that part of the forum is for logged-in users only. Here's the text: I've recently been ready about the labor theory of value used in classical and Marxian economics. I haven't studied it very long, but I thin
28.
Show HN: The Labor Theory of Value Applied to Minetest(forum.minetest.net)
2 points by jwmhjwmh 5y ago|2 comments
29.
by jwmhjwmh 5y ago
IMO it would make more sense to just treat assignments as expressions, as is done in C-like languages. Maybe I'm just more accustomed to C-like languages, though. I think that one thing that makes the statement confusing is that the fi
30.
by jwmhjwmh 5y ago
I think aliases are only used in interactive shells: $ sh -c 'command -v ls' /bin/ls

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