this post was submitted on 08 Sep 2024
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Especially in the modern context in the year of our lord 2024. Is it relevant? What do I need to know about it ?

EDIT : Thanks everyone for this really informative thread.

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[–] freagle@lemmygrad.ml 53 points 2 months ago* (last edited 2 months ago) (7 children)

People saying doctors, lawyers, and software engineers are wrong.

The labor aristocracy is essentially the majority of the proletariat in the West. They add very little value to a commodity relative to their wage. Most value is added in the periphery where they extract raw resources from the earth and process it. The labor aristocracy benefits from the exploitation of the laborers in the periphery. If the miners in Congo collected the full value of their labor, the proletariat in the West would lose massively as the cost of their commodities would go up at retail AND their would be very little added value left to justify their salaries.

It's relevant because despite your ideology driving your solidarity with laborers in the periphery, your material conditions world get substantially worse if those laborers had a communist revolution and captured the full value of their labor. That is a major problem for leftists in the imperial core to wrestle with and solve.

[–] Kolibri@hexbear.net 26 points 2 months ago (2 children)

I just want to add onto your comment this graph which is also very relevant. from https://lemmygrad.ml/post/5477115

[–] weeen@hexbear.net 28 points 2 months ago

The reddit thread in reaction to that data was hilarious, the amount of cope..

How dare you suggest that I, the prestigious software developer, am not is the backbone of society?

[–] Hexboare@hexbear.net 15 points 2 months ago (1 children)
[–] Kolibri@hexbear.net 7 points 2 months ago

that is a lot better

[–] Mardoniush@hexbear.net 15 points 2 months ago (1 children)

While this is true in the USA and marginally true in some other countries, running the actual numbers show only a small drop in material resources for the median resident, and sometimes an increase.

It's really only the USA that's doing truly extensive looting and redistribution to their workers, which leads to the revelation that countries like France don't even benefit from their regional hegemonies, it all goes to the rich.

[–] freagle@lemmygrad.ml 20 points 2 months ago (1 children)

I think you're missing the strength of the social welfare systems created in Europe and Scandinavia. That constitutes a substantial portion of distribution to the masses beyond salaries. In the USA salaries are huge but there's little social safety net, so even though the USA is doing most of the looting, it has way more poverty. European hegemonies are used to prop up the social democracies that were created to appease workers and prevent a communist revolution. As Europeans lose their social welfare, the only thing that's going to prevent a communist revolution is convincing the workers to fight another world war against other workers.

[–] keepcarrot@hexbear.net 4 points 2 months ago

Amusingly, I noted that the standard welfare recipient in Australia was within 20%of the median world income (at least when I checked)

[–] woodenghost@hexbear.net 11 points 2 months ago* (last edited 2 months ago) (2 children)

Agree, the labor aristocracy in the west has their material interested intertwined with imperialism and stands to lose from revolution in the periphery. Now just add to the picture: if all the countries, including the west, had communist revolutions, including redistribution, average people in some imperial core countries like the US and Germany would still initially be better of. People in Canada, France and Spain would lose wealth. They would only get freedom, security, peace, fullfilment from end of alienation and survival of the planetary ecosystem, but this is all less immediate and less material.

Source

This is from 2019. As global inequality increases, more and more workers might stand to win wealth from revolution.

Disclaimer: this simple calculation doesn't take into account, how supply chains would shift after revolutions. It basically just looks at the immediate effect of a hypothetical redistribution of wealth. The real impact of global revolutions on workers in the imperial core, as well as the periphery would depend on structures of international solidarity forming. Still, a quantitative perspective like this can be helpful.

[–] Hexboare@hexbear.net 14 points 2 months ago (1 children)

The problem with wealth redistribution calculations like this is that they import the wild real estate values of the global north, which only investors generally benefit from (and the occasional sexpat selling their house and moving to another country)

[–] woodenghost@hexbear.net 8 points 2 months ago* (last edited 2 months ago) (1 children)

Yes, that's true. The calculation includes real estate "value", or rather prices, which are highly distorted and far removed from value based on labor power. But what would a more Marxist analysis look like and what would it's likely outcome be? Complicated concepts like absolute and differential ground rent from Capital volume three get involved, if you really want to do it thoroughly.

[–] Hexboare@hexbear.net 6 points 2 months ago (1 children)

I don't think you could do it quantitatively - you can hand wave away rents entirely with the premise of the question (global equal wealth distribution) and just look at labour and global production, but even then you'll run into issues around substitution.

For example, most of the world's cobalt is mined in horrific conditions by poorly paid children in the DRC, but if you were redistributing wealth globally (and therefore stopping kids having to mine coltan for poor wages) the impact on the price of cobalt and electronic goods would be fairly marginal, because capital investment through mechanisation would increase in the DRC, or Australia would go back to being the primary cobalt producer as it was historically.

[–] woodenghost@hexbear.net 5 points 2 months ago* (last edited 2 months ago) (1 children)

Yes, for real value, quantitative studies might be impossible.

Rent just means income without work or exchange. If you want to account for real estate, you can't wave rent or ground rent in the Marxist sense, because expected rent during depreciation plays a part in determining the price for things like land, which don't have an inherent value, because no labor is used to produce them.

I was manly interest in the impact on revolutionary potential in the core.

Edit: Oh, sorry, you meant the premise of revolutions, hence no more rent. Yes, of course.

[–] woodenghost@hexbear.net 4 points 2 months ago

Like, how would the numbers on the map I linked change, if real estate weren't included in the calculation?

[–] muad_dibber@lemmygrad.ml 5 points 2 months ago

Damn, excellent infographic, thx for this.

[–] Cowbee@hexbear.net 7 points 2 months ago* (last edited 2 months ago)

Ah, gotcha. I had seen it used both ways, so thank you! Deleted my comment, this one is much better.

[–] Hexboare@hexbear.net 7 points 2 months ago* (last edited 2 months ago) (1 children)

your material conditions world get substantially worse is those laborers had a communist revolution and captured the full value of their labor. That is a major problem for leftists in the imperial core to wrestle with and solve.

I think this is unhelpful zero sum thinking, and is driven by looking at nominal prices instead of what the dollars actually buy. Most of the "surplus" labour value is sucked up by capitalists, and most of the rest is sucked up by developers and real estate ponzi schemes.

[–] freagle@lemmygrad.ml 14 points 2 months ago (1 children)

It's not zero sum. We could be in relations that multiply our effectiveness. We are not. This is real. Those landlords in the imperial core get their money from rent. That rent comes from salaries. Those salaries come from the value of commodities. The majority of the value in those commodities is not created by spreadsheet jockies, cold email biz dev specialists, social media influences, PR firms, marketing agencies, website design consultancies, logo rebranding exercises, corporate event planning, change managers, business analysts, strategy consulting, and thousands of other jobs and activities that dominate the imperial core.

You could reduce the price of housing to its actual cost, but it won't help if you can't get fuel to travel the scores or miles daily that American life requires.

[–] Hexboare@hexbear.net 3 points 2 months ago (1 children)

Those landlords in the imperial core get their money from rent. That rent comes from salaries. Those salaries come from the value of commodities.

I am confused - the decline in material conditions for the global north will arise because landlords and capitalists can no longer get the same rents as before?

Of that list of occupations, how many contribute to improving your material conditions? I don't need a reallocation of labour from bullshit jobs to productive and useful work as a decline, and I doubt the normal workers in those professions would either. Historically the global north did a lot of manufacturing (aided by cheap energy and agricultural outputs from the global south - two factors largely solved with appropriate capital allocation).

To invert it, if imperial domination is the only way to sustain an advanced economy, how did China become as advanced as they are today without imperial domination and without 150 years of capital accumulation?

These are rhetorical questions - my view is that any decline in material conditions (beyond a couple of very specific things like coffee or cocoa) will be short lived as the new material conditions will drive political and economic changes.

[–] freagle@lemmygrad.ml 6 points 2 months ago

You said most of the value is extracted by the bourgeoisie. I said that the way they extract it passes through the labor aristocracy. They could extract it without the labor aristocracy but they'd have revolutionary conditions on their hand. So instead they pay salaries from the surplus value generated by the periphery and then reclaim those salaries through rent, taxes, etc.

If the surplus value is retained by the periphery, the salaries cannot be paid from that anymore. That means rent cannot be paid from it, therefore we go through a potentially revolutionary adjustment in cost of living.

The problem is that there's very little surplus value domestically. Yes, historically the USA had industry, but they built it on top of genocide and land theft. Now, though, the USA doesn't make much of anything from raw to finished. Everything that it does make, like food, relies on major inputs from the global south like fertilizer. But more importantly, it relies on massive road infrastructure to maintain it's imperial dominance over the continent. That road infrastructure is highly dependent on global exploitation.

How did China build industry without imperialism? Self-exploitation. It did not retain the surplus value of the labor of its proletariat. It intermediated the flow of value but it did not revolutionize the flow of the value. It attracted capital investment from the global bourgeoisie explicitly by maintaining their ability to profit from exploitation, that is, extracting surplus value from the labor of the Chinese proletariat.

As China increases wages, it is partnering with countries who also have been exploited by the imperialists and it is intermediating that value stream now. This allows the Chinese proletariat to improve their conditions and the Chinese state and Chinese bourgeoisie to allocate capital without triggering destructive reactionary behavior from the global bourgeoisie.

The value streams are remaining mostly intact, the global bourgeoisie is still extracting surplus value through China, and China has not chosen to shutdown the exploitation of its people.

Which brings us back to the North Atlantic labor aristocracy. European society is unsustainable. They devastated their peninsula of Eurasia and had no land left to exploit, so they went to sea. They spread like a cancer all over the planet, but they didn't find anything to replace their land until they arrived at Turtle Island. Once here, the European cancer devastated two entire continents and the people on it. Completely unsustainable, just like Europe, but the land was vast. It's only been 530 years since then. Conditions change. The USA is a completely unsustainable economic system on top of a completely unsustainable settler system on top of a completely unsustainable genocidal system.

If the flow of surplus value were to stop immediately, America would face total catastrophe, and in the face of total catastrophe it would launch a massive war campaign, just like the Euro virus always has when faced with catastrophe. Such a war would be in service of maintaining the flow of surplus value for generations to come by destroying the productive capacity of the rest of the world, forcing them to rely on the imperial bourgeoisie for rebuilding and thus ensuring surplus value is extracted by the imperialists.

What would not happen is sudden domestic investment to build production in the USA and a re- proletarianization of the labor aristocracy. And the reason that wouldn't happen is because the capabilities no longer exist in ready form in the USA and because the native population and the formerly enslaved population will force the issue of liberation, forcing the USA to allocate resources to domestic control and genocide instead of production and reproduction.