Duncan's new thought experiment

["Jim Drysdale" <jimd48@xxxxxxxxxxxxxx>]

 From Jim Drysdale,

Dwbailey still refuses to accept the labour theory of value.  Still refuses
to understand that abstract labour (value) *is* the very real social
substance of capitalist society.

Mind games for dwBailey are substitute for hard work and hard thinking.

he writes...

snip> All you demonstrate is that the price of desired things goes up when
desired
things are scarce.  That would not happen if relative utility in a basket of
goods did not dictate value.

JD:  value for dwbailey is mystical.  Just like his own thought.  In
dwbailey's mystical fantasy capitalism all that capitalists have to do is
*think hard* and RAISE wage and all goods (the glut of overproduction)  will
be sold.
That is, there could never be crisis.
After all, for all capitalists, the *relative utility* of the worker /
consumer is not a fantasy.
That is, in dwbailey's fantasy capitalism, as this crisis deepens and
bites....ALL wage should go up because the bosses need (have demand to) to
sell their *overproduced glut* of goods.

Indeed, as crisis deepens and bites.....the price of goods drops, this,
despite the fact that hunger pervades (is in demand to be satisfied) society
in crisis.  And, this, despite the fact that glut exists.  That is, *can*
satisfy demand.
See, for example, Argentina.
Will, to take but one example, the fantasy capitalism of dwbailey tell us
that any hyperinflation that may occur in Argentina is the result of demand
from the impoverished hungry population having *demand* to be fed?
A currency that has no value.....cannot *demand* 'any' price.   This,
despite obvious *demand* in society.
dwabailey does not accept value thus cannot accept the reality of his own
fantasy senses.

We see fairly well informed socialists (JoeF) being dumped for show of anger
and yet dwabailey's Harry Potter, Lord of the Rings Fantasy *capitalism* is
allowed under free speech.

Fantasy capitalism is reactionary.

This is a list for inquiring socialists not for reactionary fantasies that
*will not* amend even if presented with every single theoretical socialist
word.
For example, dwbailey sees that price varies.  And yet, stuck in fantasy
capitalism dwbailiey does not see that price varies above and below value.
No, for dwbailey....capitalists have a witches conclave *every single moment
of every single day* and collectively decide on price.
If this fantasy was reality then, there never could be unemployment because
most workers would be employed every single moment of every single day
running around *re-pricing* every single thing in every single factory and
in every single shop based on ever moving *demand*.

free speech yes.....absolute tolerence *never*.

The cause of working class emancipation from the yoke of capital demands
that a level of seriousness is attained.

I for one, will completely ignore dwbailey's fantasy capitalism.....solely
in the interests of the working class.

Suggest others do same.

Let all fantasies find a more appropriate home.....by, one hopes, popular
*demand*.


Jim.





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