#valuetheory — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #valuetheory, aggregated by home.social.
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RE: https://mastodon.social/@sflorg/116517535576002455
The human behavioral range, filters overlapping data segments by learned, hard encoded, and individual bias...
#BehavioralScience #Scalar #Differential #Equations #DoingTheMath #BehavioralRange #ValueTheory #SetTheory
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RE: https://mastodon.social/@sflorg/116517535576002455
The human behavioral range, filters overlapping data segments by learned, hard encoded, and individual bias...
#BehavioralScience #Scalar #Differential #Equations #DoingTheMath #BehavioralRange #ValueTheory #SetTheory
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On production, extraction, degrowth and doing magic: theories of value in Naomi Novik's Scholomance Trilogy
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On production, extraction, degrowth and doing magic: theories of value in Naomi Novik's Scholomance Trilogy
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"Güney Işıkara and Patrick Mokre have published an insightful book that explains how Marx’s theory of value operates to explain the trends and fluctuations in modern capitalist economies. Called Marx’s Theory of Value at the Frontiers – Classical Political Economics, Imperialism and Ecological Breakdown, the title tells the reader that the book is about taking Marx’s law of value towards what they call its ‘frontiers’, namely markets and trade; imperialism and the global environmental crisis.
This is an ambitious project, but the authors succeed with a high degree of clarity in explaining the way that value (as created by human labour power at the highest level of abstraction) is modified and mediated by competition between capitalists into what Marx called ‘prices of production’ (where individual capitals’ profit rates become equalised) and by market prices (where surplus profits drive capitalists into unceasing competition).
The authors, as former students of Anwar Shaikh, adopt his theory of ‘real competition’ as opposed to the mainstream ‘perfect competition’. The latter is based on a view of capitalist production based on harmony and equilibrium, while real competition is unceasing turbulence. That is real competition at work: “antagonistic by nature and turbulent in operation” (Shaikh)."
https://thenextrecession.wordpress.com/2025/10/03/the-frontiers-of-value/
#Capitalism #Marx #Marxism #PoliticalEconomy #Competition #ValueTheory #Imperialism #Ecology
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"Güney Işıkara and Patrick Mokre have published an insightful book that explains how Marx’s theory of value operates to explain the trends and fluctuations in modern capitalist economies. Called Marx’s Theory of Value at the Frontiers – Classical Political Economics, Imperialism and Ecological Breakdown, the title tells the reader that the book is about taking Marx’s law of value towards what they call its ‘frontiers’, namely markets and trade; imperialism and the global environmental crisis.
This is an ambitious project, but the authors succeed with a high degree of clarity in explaining the way that value (as created by human labour power at the highest level of abstraction) is modified and mediated by competition between capitalists into what Marx called ‘prices of production’ (where individual capitals’ profit rates become equalised) and by market prices (where surplus profits drive capitalists into unceasing competition).
The authors, as former students of Anwar Shaikh, adopt his theory of ‘real competition’ as opposed to the mainstream ‘perfect competition’. The latter is based on a view of capitalist production based on harmony and equilibrium, while real competition is unceasing turbulence. That is real competition at work: “antagonistic by nature and turbulent in operation” (Shaikh)."
https://thenextrecession.wordpress.com/2025/10/03/the-frontiers-of-value/
#Capitalism #Marx #Marxism #PoliticalEconomy #Competition #ValueTheory #Imperialism #Ecology
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[New post] Of production, extraction, degrowth and doing magic: theories of value in Naomi Novik's Scholomance Trilogy
Photo: Public domain, from https://www.needpix.com/photo/download/1017235/witch-sorcerer-woman-female-young-medieval-magic-gothic-dark
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[New post] Of production, extraction, degrowth and doing magic: theories of value in Naomi Novik's Scholomance Trilogy
Photo: Public domain, from https://www.needpix.com/photo/download/1017235/witch-sorcerer-woman-female-young-medieval-magic-gothic-dark
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"The contributions to the Forum refer to Simon Clarke’s ‘two stages of the same project’, as Clarke explained regarding Marx’s work. They make apparent that Clarke’s initial intellectual contributions to the critique of political economy, form analysis, value theory, theory of the state and money were essential to his later understanding of the collapse and metamorphosis of the former URSS State Socialism into a capitalist form, and his analysis of the political implications of such transformation on labour relations, working-class interests and class struggle in Russia, other Eastern European countries, China, and Vietnam."
https://journals.sagepub.com/doi/full/10.1177/03098168231171635
#Marxism #CriticalTheory #PoliticalEconomy #CritiqueOfPoliticalEconomy #ValueTheory
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"The contributions to the Forum refer to Simon Clarke’s ‘two stages of the same project’, as Clarke explained regarding Marx’s work. They make apparent that Clarke’s initial intellectual contributions to the critique of political economy, form analysis, value theory, theory of the state and money were essential to his later understanding of the collapse and metamorphosis of the former URSS State Socialism into a capitalist form, and his analysis of the political implications of such transformation on labour relations, working-class interests and class struggle in Russia, other Eastern European countries, China, and Vietnam."
https://journals.sagepub.com/doi/full/10.1177/03098168231171635
#Marxism #CriticalTheory #PoliticalEconomy #CritiqueOfPoliticalEconomy #ValueTheory
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SEP:ssä kokonaan uutena Adlerin ja Holtugin entry prioritarianismista arvoteoriana,
https://plato.stanford.edu/entries/prioritarianism/
#sep #ethics #etiikka #arvo #arvoteoria #value #valueTheory #new #filosofia #philosophy #policy #political #politicalTheory
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Delve into the remarkable journey of Joyce Mitchell Cook, the first Black woman to earn a PhD in philosophy, and the profound lessons she imparted for future leaders and scholars.
#JoyceMitchellCook #Philosophy #BlackPhilosophers #LeadershipLessons #Trailblazer #Bioethics #ValueTheory
https://medium.com/@eamail43812/lessons-from-joyce-mitchell-cook-pioneering-the-path-in-philosophy-7a9fc6c1f81e -
Bloomberg report: Wall Street is shorting the green economy
Managers in the $5 trillion hedge fund industry say the reason is obvious: Despite the promises, clean energy and green technology stocks have lagged far behind the broader market. Deep-pocketed institutions are concluding that many climate investments won’t pay off as quickly, or as lucratively, as they’d hoped.
#capitalism baby! It's not that climate investments aren't making money. It's that they aren't making enough, quickly enough. It's profitable, but it's not profitable ENOUGH to induce these fuckers to slow the burning of the planet.
This is what you get when money = value and value = money.
#ValueTheory #Degrowth #ClimateCrisis #ClimateChange #GreenTransition
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Bloomberg report: Wall Street is shorting the green economy
Managers in the $5 trillion hedge fund industry say the reason is obvious: Despite the promises, clean energy and green technology stocks have lagged far behind the broader market. Deep-pocketed institutions are concluding that many climate investments won’t pay off as quickly, or as lucratively, as they’d hoped.
#capitalism baby! It's not that climate investments aren't making money. It's that they aren't making enough, quickly enough. It's profitable, but it's not profitable ENOUGH to induce these fuckers to slow the burning of the planet.
This is what you get when money = value and value = money.
#ValueTheory #Degrowth #ClimateCrisis #ClimateChange #GreenTransition
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An excellent piece by Michael Roberts.
Why #Marx's #ValueTheory does not need amending to include nature.Inter alia, it shows how so called AI obeys the law of "garbage in, garbage out".
"Marx’s theory of value: collapse, AI and Petro"
https://thenextrecession.wordpress.com/2024/10/03/marxs-theory-of-value-collapse-ai-and-petro/
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An excellent piece by Michael Roberts.
Why #Marx's #ValueTheory does not need amending to include nature.Inter alia, it shows how so called AI obeys the law of "garbage in, garbage out".
"Marx’s theory of value: collapse, AI and Petro"
https://thenextrecession.wordpress.com/2024/10/03/marxs-theory-of-value-collapse-ai-and-petro/
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I can relate to what @simon_mair is describing in reflecting on the difference between value produced in academic work and care-oriented volunteer work. An interesting reflection from what I also usually find a mundane task: budgets. #Degrowth #valuetheory
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I can relate to what @simon_mair is describing in reflecting on the difference between value produced in academic work and care-oriented volunteer work. An interesting reflection from what I also usually find a mundane task: budgets. #Degrowth #valuetheory
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#Introduction pt. 3
Wherein we learn:
Why the only branch of philosophy less popular than Moral Philosophy, is Value Theory, or:Jesus Christ, Can That Woman Go On
So, I am an anarchist who doesn't believe in revolution. Revolution leads to counter-revolution, which leads to things flipping back and forth, and on and on.
I believe in breaking things once and permanently.
This is a proposition that is simultaneously SO much easier and so much more difficult than revolution: Because, despite all the people The System is failing -- and it fails so many, every single day -- the vast majority would not change it if it was Working For Them.
And this is the greatest hurdle: People believe that they understand The System.
As much as it sucks; as obviously imbalanced as it is; and as much as it calls on you to ignore your empathy: they have been indoctrinated into it from day one, and they think understand the rules.
On some level, they know that those rules, as they have been explained to them, are not actually the rules by which The System operates.
But instead, they have become convinced that the problem is them. Capitalism is a rational system, and if they are failing at it, it is because of some innate shortcoming.
Sometimes I want to say to them, "If it makes you feel any better, I'm a motherfucking genius. It's not you."
(And yes, I know I'm not supposed to say that; I'm supposed to wait for people to figure it out themselves, and then announce, "Wow are you ever smart," and then pretend like I've never noticed, even though that would kind of make me not-so-smart 🙄. Besides, that's not bragging. I am fully aware that that detail, PLUS $5, might get me a cup of coffee. In and of itself: Not really worth much.)
Anyway, that's the issue that we have to overcome: that people have been blamed for their "failure" for so long that they have internalized it.
And getting past that is going to require a demonstration, not a revolution.
I have been predicting that we are on a very specific trajectory for years now, and that the only way to thwart it or slow it down is to increase the number of people being crushed, along with the arbitrary nature of WHO gets crushed in order to maintain the facade.
How wrong am I?
If you're still with me, I want you to ponder something:
Instead of a revolution, what is the single smallest yet most meaningful step we can take to realizing a better future?
I have ideas (of course I do 😆), but I would love to hear yours.
-
#Introduction pt. 3
Wherein we learn:
Why the only branch of philosophy less popular than Moral Philosophy, is Value Theory, or:Jesus Christ, Can That Woman Go On
So, I am an anarchist who doesn't believe in revolution. Revolution leads to counter-revolution, which leads to things flipping back and forth, and on and on.
I believe in breaking things once and permanently.
This is a proposition that is simultaneously SO much easier and so much more difficult than revolution: Because, despite all the people The System is failing -- and it fails so many, every single day -- the vast majority would not change it if it was Working For Them.
And this is the greatest hurdle: People believe that they understand The System.
As much as it sucks; as obviously imbalanced as it is; and as much as it calls on you to ignore your empathy: they have been indoctrinated into it from day one, and they think understand the rules.
On some level, they know that those rules, as they have been explained to them, are not actually the rules by which The System operates.
But instead, they have become convinced that the problem is them. Capitalism is a rational system, and if they are failing at it, it is because of some innate shortcoming.
Sometimes I want to say to them, "If it makes you feel any better, I'm a motherfucking genius. It's not you."
(And yes, I know I'm not supposed to say that; I'm supposed to wait for people to figure it out themselves, and then announce, "Wow are you ever smart," and then pretend like I've never noticed, even though that would kind of make me not-so-smart 🙄. Besides, that's not bragging. I am fully aware that that detail, PLUS $5, might get me a cup of coffee. In and of itself: Not really worth much.)
Anyway, that's the issue that we have to overcome: that people have been blamed for their "failure" for so long that they have internalized it.
And getting past that is going to require a demonstration, not a revolution.
I have been predicting that we are on a very specific trajectory for years now, and that the only way to thwart it or slow it down is to increase the number of people being crushed, along with the arbitrary nature of WHO gets crushed in order to maintain the facade.
How wrong am I?
If you're still with me, I want you to ponder something:
Instead of a revolution, what is the single smallest yet most meaningful step we can take to realizing a better future?
I have ideas (of course I do 😆), but I would love to hear yours.