[kelseyfrog]

It might help to read more about Marxism to avoid a reductio ad absurdum.

The general argument as laid out in Capital vol 1 is highlighted in the working day[1]. This section introduces the contradiction between laborer and capitalist, namely, that a laborer is paid for his or her time, while the capitalist in turn receives the product of creation.

The point is that this is a rather strange exchange. Instead of the laborer's product of creation being bought as a commodity, the capitalist pays the laborer for their time. The capitalist makes a profit (in their subsequent transactions[2]) because the the money gained by reselling what the laborer produces nets a profit[3]. Were that this was a fair trade, there would be no profit to make.[4]

Extending this to all labor is evidently disingenuous as the argument is contingent on the exchange of money and I hope at this point, given the above, you can see why. All life on earth doesn't participate in economy of labor and earn wages. If you agree, and I hope you do, that such a proposition is absurd, then I kindly refer back to the first sentence of this comment as we're now on the same page.

1. Vol 1 Chapter 10. Section 1

2. The C-M in the M-C-M circuit.

3. Yes, even when accounting for raw materials and the investment in the instruments of production.

4. If you're yelling at the screen, "But that's the point!" then yes, we're also in agreement. This maybe one of those "so so so close" moments.

[least]

> The point is that this is a rather strange exchange. Instead of the laborer's product of creation being bought as a commodity, the capitalist pays the laborer for their time. The capitalist makes a profit (in their subsequent transactions[2]) because the the money gained by reselling what the laborer produces nets a profit[3]. Were that this was a fair trade, there would be no profit to make.[4]

> 3. Yes, even when accounting for raw materials and the investment in the instruments of production.

Even if you just presume this to be true, which is ridiculous, it fails to acknowledge that 1) resources are a finite and scarce, 2) supply and demand are variable, and as such, so is the value of labor and goods (money is a representation of labor), and 3) that the "capitalists" in this situation are performing labor by performing transactions (but also probably many other things as well).

Your argument basically hinges on the notion that the value of goods is static and that certain types of labor have zero value.

[kelseyfrog]

I regret to inform you that this argument is not mine; it's Marx's. You're more than welcome to direct your complaints to him, but he may take a while to respond.

Be assured though, if you take the time to read Capital, your criticisms are addressed. I'd encourage you to read it. It's a much better way to understand the argument than a HN comment section. Good luck!

[least]

If it were simply about Marx's argument, then you wouldn't suggest that we (you and I, not Marx) could be in agreement, which you mentioned in your previous comment.

This is like me telling you to go read a textbook on economics. Obviously it's a better way to learn about economics than from me, but that's not really the point, is it?

[kelseyfrog]

I'm sorry, but did I do something to offend you?

[least]

You made a clear rebuttal to my original comment, supported by what Marx wrote. I'd ask that you take ownership of your own argument rather than shifting it over to Marx. Your assertion was this:

> Extending this to all labor is evidently disingenuous as the argument is contingent on the exchange of money and I hope at this point, given the above, you can see why.

In order for me to agree with your assertion, I'd have to agree with the basis for it, which was Marx's writing. I made a point as to why I think it's wrong because I think Marx is fundamentally wrong. Asking me to read Das Kapital or talk to Marx is non sequitur.

[kelseyfrog]

Take a step back for a moment. The point your making is that wage slavery shouldn't exist as an interesting or separate category because all organisms have to work to live. This is like saying that sex trafficking isn't conceptually important because species must reproduce to survive. It's so wildly beyond the pale that it's difficult to categorize it as a particular breech of logic other than simply and fundamentally confused.

[drekipus]

You're trying to pass off someone's arguments as your own and then distancing yourself from it when someone points out a flaw.

It doesn't add anything to the conversation. others are trying to discuss ideas.

You should read Marx more so you can argue his ideas better if you really want to double down on his take.