[Pen-l] Re: The Irrelevance of Workers In Economic Theory

[Michael Nuwer <nuwermj@xxxxxxxxx>]

"the pendulum of the clock has become as accurate a measure of the relative 
activity of two workers as it is of the speed of two locomotives. Therefore, we 
should not say that one man's hour is worth another man's hour, but rather that 
one man during an hour is worth just as much as another man during an hour. Time 
is everything, man is nothing." [The Poverty of Philosophy]

http://www.marxists.org/archive/marx/works/1847/poverty-philosophy/ch01b.htm


Michael Perelman wrote:
> How can you measure abtract labor?  How many teachers is a doctor worth?  Are all 
> teachers and doctors to count for the same amount?
>
> On Tue, Aug 12, 2008 at 12:27:12PM -0400, Charles Brown wrote:
> > CB: Can't abstract labor be measured in time ? Concrete labor might be
> > hard to quantify except in terms of numbers of commodity units ?

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