tag:blogger.com,1999:blog-4223398383609158624.post7156778064143473181..comments2024-02-24T00:37:43.087-05:00Comments on The Other McCain: Labor theory of valueRobert Stacy McCainhttp://www.blogger.com/profile/03084541621503669804noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4223398383609158624.post-45682240342059933122009-01-27T20:49:00.000-05:002009-01-27T20:49:00.000-05:004 eyes:You can get in the race in other countries,...4 eyes:<BR/>You can get in the race in other countries, but most have more impediments, usually due to their socialistic government with more rules than hoyle. There are a couple that stand out, Hong Kong and Estonia. It's very easy to get a business started in Hong Kong, much easier than the US, but I am not sure I'd like to live somewhere under Chinese control. Estonia has a lower corporate and individual tax rate than here and they do a lot of banking. From what I understand the women aren't bad either. What is difficult to find are countries that respect the same liberties we have here (although that seems to be changing). When I find somewhere better, and the climate is tolerable, I may find myself there.The Right Guyhttps://www.blogger.com/profile/02000916651068780486noreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-6818043957000821362009-01-27T07:10:00.000-05:002009-01-27T07:10:00.000-05:00Typical top-down mentality.I guess this is what th...Typical top-down mentality.<BR/>I guess this is what the Con talking heads mean by 'the most productive members of society', meaning those jagoffs who don't actually produce anything--they just pay someone to produce it for them.<BR/>RS, I recall not too long ago that you were griping about the RNC's top-down approach to politics.<BR/>Funny that Republicans tend to approach everything from the top-down , no? And if that isn't the essence of elitism...<BR/>Any talk of the un-importance of "Labor", or however you want to spin it, is absolute ignorance of the real and now. Therein lies the danger in ideology/dogma. Republicans and Cons seem to take an ideological stance to it's absolute most abstract point.<BR/>But with the labor force hemorrhaging the way it is( ironically those that represent the other 90% of the consumer class), I look forward to seeing how productivity will be affected. It'll be a hoot to see all those execs and small business owners pull up their sleeves and help bring the economy back on<BR/> its feet...<BR/>PS- Smitty, I wasn't aware that this is the only country in which you can "get in the race".Young 4-Eyeshttps://www.blogger.com/profile/04159195318322896154noreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-25524434355129173082009-01-26T23:25:00.000-05:002009-01-26T23:25:00.000-05:00Locke also had a labor theory of value. It was dif...Locke also had a labor theory of value. It was different than Marx's, but it is also different than yours, most likely as managers were fewer then and investors were fewer, but it goes something like if I take something, like a piece of Iron and created something out of it, lets say a knife, my labor has value, which is based on what the market demands or more at what price I can sell it. <BR/><BR/>If I make a Katana instead of a shovel, may be I will get more for my labor in the right market, but a shovel is easier to make and more people need them, so while cheaper, I could sell more of them. Does that make sense? May be you can clarify it for me. <BR/><BR/>In your definition, second handers are at the mercy of the skill, judgement and fortunes of their employers. If they don't like it, they always can start their own business...and be first handers or producers. <BR/><BR/>Life isn't always fair, and in most times it is not, but we are lucky enough in this country, at least up until now, that we all can get in the race. No guaranteed outcomes, but we all can get to the starting line.The Right Guyhttps://www.blogger.com/profile/02000916651068780486noreply@blogger.com