[Marxism] The Roots of the Pale Green Shoots
theguavatree at gmail.com
Thu Nov 5 10:03:43 MST 2009
On Thu, Nov 5, 2009 at 9:59 AM, S. Artesian <sartesian at earthlink.net> wrote:
> PRODUCTIVITY AND COSTS
> Third Quarter 2009, Preliminary
What exactly does "Output" entail? Do they have a way to account for a
build-up of warehoused stock during a downturn? Across the board there are
many layoffs (decreased hours) -- but when orders for goods start to grow
can't companies simply sell their warehoused goods while compensating
employees less because you've fired so many people? Can't this also be an
"increase in productivity"?
This seems to be what explains the QtoQ rise of productivity of 21% in
durable manufacturing. The output from the previous quarter has risen 12.4%
while the hours worked have decreased 7.2%.
It seems that in times of severe exploitation this would indeed be
possible--but how can one also be sure that this selling of previously
unsold durable machines not also account for a sudden spike?
I should maybe just read up on the methodology more.
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