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Re: Capitalism and differing systems/ideologies
Jim Craven wrote:
>> The fundamental nature of capitalism, and its teleologically-derivative
>> imperatives--realization of maximum total possible real, after-tax,
>> risk-adjusted surplus value is an imperative as a necessary--but not
>> sufficient--condition of accumulation of capital (widening and deepening
>> capital and expanded reproduction of capitalist relations and
>> instituions) which becomes an imperative as a necessary--but not
>> sufficient--condition of maximization of productivity, which becomes...
Is there a general sentiment here regarding the idea that that maximizing
profit maximizes productivity? ...
"realization of maximum total possible ... surplus value ... becomes ... a
necessary condition of maximization of productivity..."
If:
- 1 - capitalism (at least today's, adolescent, capitalism) is based on the power
of profit maximization, and,
- 2 - profit maximization leads to many social and ecological risks/disasters/
pending disasters, but,
- 3 - another model -- Individual Empowerment Capitalism, for example, that
balances dollar profit with ecological and social profit -- actually creates greater
productivity,
Then:
... it may be possible to retain the positive elements of capitalism
(encouraging collaboration and industrious efforts) while weaning negative
elements of unjust social and environmental exploitations.
(An important footnote, is that productivity might need rethinking and
remeasuring. If productivity is maximization of dollar revenue, and a proxy
for maximization of dollar profit, then what type of productivity would be the
maximization of ecological and social profit?)
I am exploring the realization of - 3 - above, and the presumed link between
maximal profit and maximal productivity is important because both are proxies
for power.
Burkhart
- Thread context:
- (just published) NEOLIBERALISM IN CRISIS, ACCUMULATION, AND ROSA LUXEMBURG'S LEGACY,
Paul Zarembka Tue 25 May 2004, 02:33 GMT
- Quality of Iraqi intelligence,
Chris Burford Mon 24 May 2004, 23:12 GMT
- Capitalism and differing systems/ideologies,
Craven, Jim Mon 24 May 2004, 23:02 GMT
- The New UN resolution on sovereignty,
k hanly Mon 24 May 2004, 22:17 GMT
- new radio product,
Doug Henwood Mon 24 May 2004, 18:46 GMT
- Can corporations have sex?,
David B. Shemano Mon 24 May 2004, 17:42 GMT
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