Dinosunday

Happy Memorial Day Weekend! Here is the official dinosaur of America’s capital to celebrate. To avoid confusion, this dinosaur has not been officially classified because the only fossil found was one vertabrae from one dinosaur. The classification is still under debate, and current information is subject to change if more fossils are found.

Capitalsaurus

Temporal Range: Early Cretaceous

Location: Eastern United States

Diet: Carnivore

Family: Undetermined

“…The terms "Capitalism” and “Capitalistic Production” are political catchwords. They were invented by socialists, not to extend knowledge, but to carp, to criticize, to condemn. Today, they have only to be uttered to conjure up a picture of the relentless exploitation of wage-slaves by the pitiless rich. They are scarcely ever used save to imply a disease in the body-politic.

From a scientific point of view, they are so obscure and ambiguous that they have no value whatever. Their users agree only in this, that they indicate the characteristics of the modern economic system. But wherein these characteristics consist is always a matter of dispute.

Their use, therefore, is entirely pernicious, and the proposal to extrude them altogether from economic terminology, and to leave them to the matadors of popular agitation, deserves serious consideration…“

— Ludwig von Mises, Socialism

Huyo del hastío

y del deseo tardío,

salgo a buscarte a la calle,

sólo hay un portal vacío.

Mi vieja capital, como Versalles,

suplicando a mi cabeza de nuevo que no me rayes,

aún te siento y no te olvido,

maldigo las sombras que bordeaban tus valles

pero todo fue tornado, sé lo que me digo,

hice en el invierno de tu cuerpo abrigo

y en el fondo nada más me unía contigo.

Si te ha gustado, más cosas por aquí:https://www.facebook.com/ArsKiros/

Das geht an alle meine Gegner!!!!!!!!!1!111!!!!

Marx’s theory of value (re divergence of value from price) explains the foundation of surplus profit, which is significantly related to the unprecedented wealth of contemporary moguls, and its association with technological advancements/ increased productivity— eg in industrial production, specifically improvements in machinery, more productive factories. With related technological improvements, more productive units become the measure of price (exchange value). But these technological improvements are not instantaneous — eg because all branches of production are not the same. Thus there are varying degrees of productivity. And the least productive initially influences market price/ exchange value. Hence surplus profits for higher productivity, while market price fluctuates above market value. However, after a certain point, surplus profits “equalize” with average profits via competition, market price gravitates closer to market value, and the rate of profit becomes the same for capitals across the board. Again.. this presupposes that re- production of means of subsistence/ labor/ society is determined by production of surplus value (profits / rent) and the “law of market value”.

Finally, Marx’s examination of surplus profit notes how the law of market value creates a “false social value”, based on exchange value instead of value, that exploits society in terms of consumption/ consumers. For me, this offers an important theoretical foundation for organizing exploited workers at the point of consumption in addition to organizing at the point of production. And not only against capitalist producers but against the landlords as well; particularly with present, even more exorbitant rents and related surplus profits.