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Another valuable life lesson from Elmo and friends! (lemmy.world)
submitted 2 months ago by return2ozma@lemmy.world to c/memes@lemmy.ml
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[-] Cowbee@lemmy.ml 7 points 2 months ago

I’m not sure how you define value, but I’m using it to mean “the price or amount that someone is willing to pay in the market” this could be for a tangle thing, like the house itself, or a service, like renting it.

That's close to the truth, but not quite. Supply and Demand distort the price around a central Value.

My point is that landlords successfully find willing persons to rent their house for some amount of money. Therefore there is by definition value because it’s happening, whether this is ethically OK or being rented for a fair amount is a separate argument.

Not really, the fact that something is purchased doesn't mean the "risk" or "liability" created the Value behind it.

When I was a university student I didn’t have enough capital to buy an apartment, but I found value in being able to rent one.

You found it useful, ie renting allowed you to fulfill the Use-Value you needed, shelter. You appear to be using Subjective Value "Theory," ie the idea that Value is a hallucination different from person to person, which is of course wrong.

[-] void_star@lemmy.world 1 points 2 months ago* (last edited 2 months ago)

I think we have different definitions of value and I will not pretend to be an economic theorist, this is out of my depth. My argument comes from a very practical perspective of supply and demand. There is obviously demand for renting property otherwise it wouldn’t exist.

I do think that capitalism at large creates an economic barrier and if one is below the barrier it is difficult to build capital and if you’re above the barrier it is easy. Picking on just land-lording is only picking at one instance of some larger systemic issues that capitalism brings with it. This will not change unless the government adds regulations that add “fairness” to pure capitalism.

[-] Cowbee@lemmy.ml 4 points 2 months ago

I think we have different definitions of value and I will not pretend to be an economic theorist, this is out of my depth. My argument comes from a very practical perspective of supply and demand. There is obviously demand for renting property otherwise it wouldn’t exist.

Supply and Demand are only part of the factor, they orbit around Value. What determines the price of a commodity when Supply and Demand cover each other? The answer is Value.

I do think that capitalism at large creates an economic barrier and if one is below the barrier it is difficult to build capital and if you’re above the barrier it is easy. Picking on just land-lording is only picking at one instance of some larger systemic issues that capitalism brings with it. This will not change unless the government adds regulations that add “fairness” to pure capitalism.

I pick on all of Capitalism, I'm a Communist. Landlording just happens to be the topic at hand. At that matter, regulations and "fairness" will never fix Capitalism, just make its worst aspects more bearable until it collapses under itself.

[-] void_star@lemmy.world 1 points 2 months ago

I pick on all of Capitalism, I'm a Communist. Landlording just happens to be the topic at hand. At that matter, regulations and "fairness" will never fix Capitalism, just make its worst aspects more bearable until it collapses under itself.

Isn’t this an argument that could be applied against communism though? Communism is government regulation to enforce fairness, if it can’t fix capitalism, why would it work in a communist economy?

[-] GarbageShootAlt2@lemmy.ml 5 points 2 months ago

Your comment reminded me of a quote about the Bolsheviks and the idea of communist "equality"

long quote

The kind of socialism under which everybody would get the same pay, an equal quantity of meat and an equal quantity of bread, would wear the same clothes and receive the same goods in the same quantities — such a socialism is unknown to Marxism.

All that Marxism says is that until classes have been finally abolished and until labor has been transformed from a means of subsistence into the prime want of man, into voluntary labor for society, people will be paid for their labor according to the work performed. “From each according to his ability, to each according to his work.” Such is the Marxist formula of socialism, i.e., the formula of the first stage of communism, the first stage of communist society.

Only at the higher stage of communism, only in its higher phase, will each one, working according to his ability, be recompensed for his work according to his needs. “From each according to his ability, to each according to his needs.”

It is quite clear that people’s needs vary and will continue to vary under socialism. Socialism has never denied that people differ in their tastes, and in the quantity and quality of their needs. Read how Marx criticized Stirner for his leaning towards equalitarianism; read Marx’s criticism of the Gotha Programme of 1875; read the subsequent works of Marx, Engels and Lenin, and you will see how sharply they attack equalitarianism. Equalitarianism owes its origin to the individual peasant type of mentality, the psychology of share and share alike, the psychology of primitive peasant “communism.” Equalitarianism has nothing in common with Marxist socialism. Only people who are unacquainted with Marxism can have the primitive notion that the Russian Bolsheviks want to pool all wealth and then share it out equally. That is the notion of people who have nothing in common with Marxism. That is how such people as the primitive “communists” of the time of Cromwell and the French Revolution pictured communism to themselves. But Marxism and the Russian Bolsheviks have nothing in common with such equalitarian “communists.”

[-] Cowbee@lemmy.ml 5 points 2 months ago

Fantastic quote, great reference.

[-] Cowbee@lemmy.ml 4 points 2 months ago

That's not what Communism is. Communism is the process of working through contradictions (ie the proletariat vs the bourgeoisie) through Historical Development. Socialism is established via Proletarian control of Capital, rather than Bourgeois, not just regulation or "fairness."

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this post was submitted on 13 Sep 2024
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