Marx's important error
stumblingandmumbling.typepad.com
stumblingandmumbling.typepad.com
The only way to achieve Marx's dream would be to make a society-wide decision to apply productivity gains toward leisure instead of towards the material standard of living. But guess what: most people like to work, and everyone needs to feel productive to be psychologically healthy. I'm sure that was easy for someone like Marx to overlook when pondering the plight of people who were brutally overworked, but it changes the equation quite a bit. Plus, productivity translates into power, and everyone has a certain appetite for power.
Actually that is Marx's point. That when people are free of labour they will fill their lives with productive work that they enjoy. The conservative anti-Marx viewpoint is that no, people are by nature bad and lazy and need to be forced to be good and productive.
work != labour
labour: doing something you don't want to do
leisure: doing something you want to do
work: being productive (orthogonal to labour/leisure)
Anyway, look at the picture Marx painted: "to hunt in the morning, fish in the afternoon, rear cattle in the evening, criticise after dinner, just as I have a mind." This is dilettantism, a reaction against work. Not many people would find this satisfactory as a life's occupation. This is the image of life a person finds appealing when he is overworked. Marx himself would have found such a life intolerable.
I am a contract worker for a big company right now. They expect me to work 40 hours or more a week. If I could convert this contract to 20 or 24 hours a week for the same pay, I'd do it quickly. The problem is that those contracts or jobs are hard to find, and they usually pay significantly less per hour. (We'll ignore health care for now.)
I'd love to run or work at a company where most people work 20 hours a week, with spikes only as necessary. It would mean a completely different attitude toward working.
There's no deep question here. Only a language game. Like "does a tree falling in the forest make a sound if there's no one around to hear it?"
Step one: replace loaded words like "needs", "wants", "labour", and "employment" with just "utility".
EDIT: side note. I used to participate in an alternative money forum and the funny thing about it was the neat division between 2 kinds of people:
1. Those who had a fear/loathing/suspicion of productivity growth. (left)
2. Those who had a fear/loathing/suspicion of macro-economics and the fed. (right)
This post is a typical #1 post.
The question raised by the original author -- does our economy properly value leisure? -- remains. You can answer 'Yes it does, and the problems you're pointing to aren't problems at all,' but that doesn't make the question a language game.
Sort of. There's two issues:
1. Can you draw a distinction between things you "need" and things that are useful to you? "Needs" is just a rough quantification of utility. The problem is that it isn't as useful. What's the opposite of needs? The opposite of utility is disutility. Labour is disutility.
2. It's key when thinking about this kind of stuff to distinguish "employment" or "producing value" from labour. Labour is something you don't want to do. It's disutility. If you want to do it then it isn't labour. Even if you're getting paid. So it clears things up to just say "disutility" instead.
and then suggest that the present arrangement maximizes 'utility.'
I didn't do that.
does our economy properly value leisure?
That question is completely meaningless to me. First you have to explain to me how something can have a "proper" value (there's no such concept in my understanding). Second you have to explain how an "economy" can value things and what that means. I only know what it means for people to value things.
EDIT: note that my critique is only for the blogger's interpretation of Marx/Keynes. I didn't read the linked Keynes essay but I suspect I doesn't have this kind of error.
"Needs" can't rise because they are infinite. They have always been infinite and they will always be infinite.
Because we're accelerating.
For Marx, the part about fishing in the morning was after the end of capitalism. In the interim, I think he said something about the capitalists keeping most of the fruits of all the increased productivity. Is that part looking terribly far wrong?
What's your source for this statistic? I believe you and this is something that I would be very interested in having a good source for.