#policepower — Public Fediverse posts

A significant part of the value of money lies in the fact that it can be exchanged for labor. The value of money depends on a reliable supply of workers-for-hire. But if people aren't willing to work for money then that part of money's value is gone. Without a sufficient pool of laborers for hire having a lot of money doesn't mean much. But without police people may choose to work directly for subsistence or other reasons rather than for money. The more people that make this choice the fewer workers for hire are available, so the less value money has. The labor theory of value in some sense incorporates a police theory of value.

This idea is part of a long-term project of mine to understand the ramified role police play in creating the modern world. It's important to me b/c I think all mainstream economic theories omit the role of the police in maintaining capitalism. Just for instance they all treat labor supply as a natural resource rather than something painstakingly created and maintained through police violence. Here's a recent installment in this project:

https://chez-risk.in/2023/01/29/state-violence-the-diamond-water-paradox-and-an-invisible-axiom-of-classical-economics/

#Abolition #Anarchism #Economics #ACAB #Police #PoliceAbolition #LaborTheoryOfValue #DiamondWaterParadox #UseValue #Anarcy #Police #PolicePower

A significant part of the value of money lies in the fact that it can be exchanged for labor. The value of money depends on a reliable supply of workers-for-hire. But if people aren't willing to work for money then that part of money's value is gone. Without a sufficient pool of laborers for hire having a lot of money doesn't mean much. But without police people may choose to work directly for subsistence or other reasons rather than for money. The more people that make this choice the fewer workers for hire are available, so the less value money has. The labor theory of value in some sense incorporates a police theory of value.

This idea is part of a long-term project of mine to understand the ramified role police play in creating the modern world. It's important to me b/c I think all mainstream economic theories omit the role of the police in maintaining capitalism. Just for instance they all treat labor supply as a natural resource rather than something painstakingly created and maintained through police violence. Here's a recent installment in this project:

https://chez-risk.in/2023/01/29/state-violence-the-diamond-water-paradox-and-an-invisible-axiom-of-classical-economics/

#Abolition #Anarchism #Economics #ACAB #Police #PoliceAbolition #LaborTheoryOfValue #DiamondWaterParadox #UseValue #Anarcy #Police #PolicePower

A significant part of the value of money lies in the fact that it can be exchanged for labor. The value of money depends on a reliable supply of workers-for-hire. But if people aren't willing to work for money then that part of money's value is gone. Without a sufficient pool of laborers for hire having a lot of money doesn't mean much. But without police people may choose to work directly for subsistence or other reasons rather than for money. The more people that make this choice the fewer workers for hire are available, so the less value money has. The labor theory of value in some sense incorporates a police theory of value.

This idea is part of a long-term project of mine to understand the ramified role police play in creating the modern world. It's important to me b/c I think all mainstream economic theories omit the role of the police in maintaining capitalism. Just for instance they all treat labor supply as a natural resource rather than something painstakingly created and maintained through police violence. Here's a recent installment in this project:

https://chez-risk.in/2023/01/29/state-violence-the-diamond-water-paradox-and-an-invisible-axiom-of-classical-economics/

#Abolition #Anarchism #Economics #ACAB #Police #PoliceAbolition #LaborTheoryOfValue #DiamondWaterParadox #UseValue #Anarcy #Police #PolicePower

A significant part of the value of money lies in the fact that it can be exchanged for labor. The value of money depends on a reliable supply of workers-for-hire. But if people aren't willing to work for money then that part of money's value is gone. Without a sufficient pool of laborers for hire having a lot of money doesn't mean much. But without police people may choose to work directly for subsistence or other reasons rather than for money. The more people that make this choice the fewer workers for hire are available, so the less value money has. The labor theory of value in some sense incorporates a police theory of value.

This idea is part of a long-term project of mine to understand the ramified role police play in creating the modern world. It's important to me b/c I think all mainstream economic theories omit the role of the police in maintaining capitalism. Just for instance they all treat labor supply as a natural resource rather than something painstakingly created and maintained through police violence. Here's a recent installment in this project:

https://chez-risk.in/2023/01/29/state-violence-the-diamond-water-paradox-and-an-invisible-axiom-of-classical-economics/

#Abolition #Anarchism #Economics #ACAB #Police #PoliceAbolition #LaborTheoryOfValue #DiamondWaterParadox #UseValue #Anarcy #Police #PolicePower