[Marxism] What were capitalism's original economic imperatives.
lnp3 at panix.com
Wed Nov 2 11:52:54 MST 2005
I use the following model to develop the core and derivative imperatives
(teleological logic) of capitalism.
Capitalists MUST attempt to MAXIMIZE/REALIZE TOTAL PROFITS as a necessary
but not sufficient condition (having retained earnings and/or
"creditworthiness") of ACCUMULATION OF CAPITAL (seen not only as
accumulation of capital in the sense of capital as seen by bourgeois
economics but also as expanded reproduction of the capital-labor relation
as well as expanded reproduction of the requisite "soil"--institutions,
values, myths, traditions etc--of capitalism)
Capitalists MUST attempt continual ACCUMULATION OF CAPITAL as a necessary
but not sufficient condition of MAXIMIZATION OF PRODUCTIVITY (max $ value
of output and minimization of total costs).
Capitalists MUST attempt continual MAXIMIZATION OF PRODUCTIVITY as a
necessary but not sufficient condition of EFFECTIVE COMPETITION (expanded
market and asset shares--concentration and centralization--expanded market
name and power; profitably increasing sales etc).
Capitalists MUST attempt continual EFFECTIVE COMPETITION as a necessary but
not sufficient condition of MAXIMIZATION/REALIZATION OF MAXIMUM POSSIBLE
These core imperatives give rise to derivative imperatives. For example,
the core imperative to MAXIMIZE PRODUCTIVITY gives rise to derivative
imperatives for union busting, racist/sexist divisions among workers,
setting up dictatorships abroad and at home to enforce labor discipline and
repression, socialization of costs/risks of capital accumulation while
ensuring returns are increasingly privatized and centralized, removal of
social safety nets to increase direct and opportunity costs of labor
unemployment and relatively low productivity, outsourcing, vertical
integration/disintegration, Taylorism and increasing monitoring/respression
in workplace etc etc.
The imperative for continual ACCUMULATION OF CAPITAL gives rise to
derivative imperatives for changes in tax codes favoring capital, changes
in culture and education for indoctrinating masses that capitalism is the
best and most eternal system, epochal changes in fundamental "social
capital" of capitalism, legal changes in regulations being drafted by those
who are supposed to be "regulated", increasing focus on cultures of
narcissism and ultra-individualism, selective observance and recognition of
international law and domestic law etc etc.
The imperative for MAXIMIZATION/REALIZATION OF POSSIBLE TOTAL PROFITS gives
rise to derivative imperatives to expand or push credit availability/use
among the masses as well as the imperative to reduce "loopholes" in
bankruptcy laws allowing workers to escape mounting and unconscionable debt
and usurious interest rates, legal changes in treatment of accounts
receivables etc etc.
The imperative for EFFECTIVE COMPETITION gives rise to derivative
imperatives for fraud, economic concentration/centralization, expanding
foreign markets and effective infiltration/control of same, increasing
influence of businesses in political institutions and elections, etc etc etc.
Add here your own list of derivative imperatives flowing from core
imperatives of capitalism.
James M. Craven
Blackfoot Name: Omahkohkiaayo-i'poyi
Professor/Consultant,Economics;Business Division Chair
Clark College, 1800 E. McLoughlin Blvd.
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