June 06, 2003

wageling's side in the surplus wars


 when
 rentiers and entrepreneurs 
          collide
 
  should
 wagehead's
   take a few shots ? 
===================


 
 for some fucking reason

  every time
we get 
  a nice
 internal scramble
 for surplus shares
  under way

ins vs outs

olds vs news

importers vs exporters

lenders vs borrowers

ups vs downs

cleans vs piggers
   
  the rest of 
the klass battle 
lines
 get dicked over

and wagery 

fuck

wagery 

usuallly
doesn't even
get  called out
 to join battle 
in its own uniform

and if
they are

they can count on
 one thing


no imperial wizzards
goin to 
hand out
any kinda
 proper instructions
as to 

"whats in it
 for you  wageheads"

or if they do
count on it
to be  
the purest possible  bunk
--------------------------------

then again

isn't it all too obvious
 
in a tussle
like this

everyone gets stoned !

  so 
 wagery needs
to find some how
 a reliable 
wiring diagram 
produced by
 pro wageling 
analysts 

--------------------------------------

so how does one find
an "expert"
who'll lay it out 
without putting his hand
over the part
 where
 wagery gets it up
 the ass
well today its a ball buster

but once it wasn't that impossible

because burgers at least some burgers
told it straight

cause their interests 
and wageries
 flowed in the same direction
 
such a guy
was one  

mr D Ricardo 

he wrote
and thought
in an era
when a burger
could take
 a klass stand

and yet still
show how
a few 
klass circuits
 really worked 

i.e 
feel no need
to  fart
directly
 in wagery's face 


---------------------------------------


and even today
 under the welter of it all

there are still 
times and places 
where and  when 
these  pearls
of Mr Ricardo's 

 can still be warn
by wagelings

such occasions
are 
 todays post topic

===========================

lazily flowing exposition:
  



  rent

garnered
by
selling 
the use 
or 
abuse
of
 a chunk 
  of 
mother nature

obviously 
effects
  the course
 of production

but 
our topic today
is only
one part of the
natural  rent spectrum

ground rent

the 
leasing out
of
things like 

paddy-lands

building sites

and

irrigation canals  

not 

say

  oil pools
or 

copper seams

or 

timber 
or 
shrimp 
 or
beaver

ground rent 
is "earned"
 by 
 " fixed"***
natural factors
"land"
that iz
used
 in 
the production
of
 commodities
---------------------------------

***(their supply
is  "invarient "
 over time 
neither
 depletable 
nor 
agumentable)

 
----------------------------
 N.B.
 
unlike 
the prices
of most commodities

the rental rates 
for
fixed natural 
factors 
of production
really  are 

-passive-

i e 
 demand
 determined


 " in general 
when a factor's
 price
is   just
 dressed up 
ground  rent

" relative scarcity"
and 
the accidentals 
of 
exchange 
will 
 determine
market value
not the
games
of their 
 human agents "

   alfredo marshallini 


 "like the wind rain and sun
land's
supplied amount 
iz
beyond
 the influence  of
human  desires  "
    
            konrad storch  

======================
  repeating myself:   


" non supply
 regulating revenues"


since 
the supply
of "land"
iz
beyond
 human agency

it goes
 for what 
it goes
 for..........

if market rates
 are  
a dollar
 per unit
 or 
a dime
or
 a c note 

won't change 
the amount
 offered

(well thats an 
extreme case
  really 
maybe 10k per unit
will  cause a pop 
or a substitute 

of course

nothing is 
totally and finally
 un augmentable
except 
uniqueness 
  itself
 
land can be
 leveled 

buildings
 raised higher 

water moved
or removed 

 but...
if not
totally
 for all time
 fixed
at least 
 ground  
rents  
reflect
underrlying
factors
that retain
 ultra slow
ultra costly
supply
change effects
over time 

that is 
in the absence
 of
 technical
 brake thrus)
-----------------------------

simple dynamics
over time 

as demand 
grows 
unit costs rise
thanks to
the retarding
effect 
of the fixed 
production factor

and so 

market  price 
starts 
its hideous
crawl up 
  the cost incline
higher higher higher

and
for doing
fucking
 nothing at all

 the" land's "
 owner's
share 
just
gets

  bigger 
and bigger 
 

----------------------------------
side  bar :

long views
 often talk about
the a-symtotic perfection 
 of free
depletable
resource markets

" there will always be some oil"

though unreal
lunacy

its not a bad
  first take 
in the here and now
 on depleteable
resorces
given reasonable
 price flex 

but unlike
todays subject
  "fixed " factors
  of nature


the price trail
of depletables 
is a critical issue  

(promises promises)

pink  
will deal 
with thiz
in
 hizz  long anticipated

big big
super major
 upcoming
 
KING OIL !

 post...


=====================
now
for Ricardo

 corn law debates


"  we'lll just
fire up
mr peabody's 
time machine 
and...

aaahhhh....

here we are

thank you
 sherman"



its 1817 
or so 

Napoleon 
is playing 
with his tiny
 pee  pee
somewhere 
off the coast 
of black africa
and 
 in 
london 
- the hyperpower
 center of the earth-
David 
Ricardo 
a shrewd
"city" boy
iz
 making
 himself
famous
championing
the cause 
 of industry
against
 the landed gentry 
------------------


david R
 
wants
the cheapest  bread 
possible

the better 
to grease
 the wheels
 of
 industrial progress



 cheap bread
 means 
 cheap wagery
and 
cheap wagery
 means
"decent"
 profits
 of enterprise 

and 
"decent"
 profits
  of enterprise
mean
 more 
investment 

and 
more 
investment
means more
progress 

butfuck

cheap bread
 requires

 cheap wheat

 which requires

by back
 step  

  low as possible 
ground rents

problem

 plantable land
is nearly  fixed
 in albion

and fast growing
herds of  wagerys
 every year
push up 
 demand
 for bread's
" wheat-puts"

which
 is pushing up 

  wheat prices 

which is
 sending
 ground rents 
to the sky  
-----------------

Ricardo's
straight off
solution

vastly increase
imports
of foreign wheat

buuuutttttttt

 this  spells
kross klass
trouble
 

cause
lord Tea Cup's
 
 baillif's saying

"nyet"
 
" lower 
 ground rents
on  Tea Cup's
 farm land ?

forget about it ! "
-------------------------

ricardo
no fool 
appeals beyond 
such
"narrow interests"

" SOCIAL PROGRESS
 DEMANDS THIS "
 
 

and he's  right

 
cheap bread
did then 
and there
 mean 
just that

social 
progress

AND FINALLY 

after years 
beyond belief
his cause
finally 
 won out
 
the overseas
 wheat 
came in

and it was 
indeed
"a good thing"
--------------------------
otherwise


english industry
would have  
seen
not only 
higher bread
and 
thus 
higher wageling 
misery 

but
consquently 
also
a larger pool
of unemployed hands 

cause 
higher wage rates 
mean....

(hit the organ keys
hard here 
and hold the chord)

 lower 
profit rates

and
less profits to reinvest

and thus 
a  lower
 investment rate
and 
less new hires

so more out of lucks..

all this 
because 
 the industrialists  
share of surplus 
would be 
 ever more 
 crunched down
by land  rents

hoggy tea cups
good for nothing 
 increasing share 

thanx to
that  fricking 
 "fixed"
local  supply
 of plantable land 
  
---------------------------------

this is fairly easy doings 
right?


as theemployed
  wagery army 
increases

bread  prices 
rise too

and
eventually
 wages
just
 to stay even
 must rise

the capital 
from
a now
 slower 
growing
wage  fund

must also
 pay
 more  per hour

and 
what else
can result
in this 
bizzaro britain
 
but 
honest
unskilled jobs
   growing
 slower 
  and 
beggars bandits and whores 
  multiplying 
 faster


(notice no ones
 talking up 
raising 
 real wages
 here
only 
 at best 
keeping them 
close to 
   the same )


the  relevant
policy
target is
at best
min wage  job growth
----------------------------------

 so 
without 
those wheat  imports 

the 
only winners  are 

lord and lady 
 crumpet 
and 
their troop
 of 
attending flunkees 

QED

----------------------

british
political economy
circa 1816-1835 :

" a pimple bursting
 teen ager at the start 
developed mightily
during this klass rumble
cause only 
the landlords' boys
had to play
three card montee 

on the corn debate 
the industrialists guyz
were on the side
of history herself "
         
           joe fish of swansee 

-------------------------------------
 ORGANIZED 
wagery 
by the way

during this 
sturm und drang 

sided  
with their
 evil bosses

the industrialists

----------------------------

 SINCE
they well knew
 
the landlords
 political economists'
marvelously
simple
 iron law of wages***
existed 
only in the minds
 of  parsons and squires
---------------------------------------------------
***
 market forces
automatically
 inevitably
inescapably
in the long run
return
a " free" market driven
capitalist
 economy
to a subsistance
 real wage

only difference
over time 
is the
path of 
 population size 

(nice  parson's
parsimony 
trick here)

fat wage era 
leads to
a starvation wage era
 later
so for the good
 of yer grandchildren... ....
 ------------------------------------------

of course

the wagelings

paid no attention 
to what
the landlords
" good doctors"
told em
 
their bodies
told em
another
truth
 every nite



they
  lived
 and
 hired out 
in a free
 " society"
alright

but
 in the actual 

"doins of hit all "

" this 'ere "

" free  system"

had 
a fairly
 nasty 
 crude
and
 protracted
method 
 of
arriving
at  its

" proper 
'living' wage
set
of relative prices "

 and since
theydamn well knew 

this

" well regarded"

"living" wage 

of the experts

 would only
re-arrive 
  
after  a 
"rolling  adjustment" 

which  meant:
 
  shooting
 
 the  wagery mases
               thru 
a gruesome gauntlet***
of
 "temporary
             short run"

 pain and suffering..........

what else

the lads
 plunked down hard
 on the bosses side 

----------------------------------------------------
 *** bread prices 
were sure 
to rise first 
before wages
and
 for a good  while
 after
 wages 
started rising 
themselves 
  

" we'll
'ave 
an 'ell uv
a time 
catchin oop guv  "
           fishy francis 

" as one 
watches 
 the two
-  prices and wages-
 tango
their way  
back and forth
      it's 
always 
  obvious
 whos
 butch
and
 whos 
  not "
   
   lord   keynes 
                     1926 

=====================
klass moral 

(if any) 

in  battles  
between 

conflicting
elements
 of
 the surplus klass

first off
remember
 
one way 
or other 

we're all 
 in the pit too 

and
thats 

" for certain"
---------------------------------------------

butfuck 
also
for  sure

 some of the
 flying

flesh and  fur

iz  bound to be yours!

 never forget that 
mister wage goat 
---------------------------------

 despite 

any degree 
of
 indierctness
 in the effects

you better
find
the fuck out
 what they are

and 
 throw your 
weight 
 behind 
the side less
fuck doodling  

and I'm thinking
today
particularly
of 

1 oil related

price/use/pollution 

2 public 
housing 

and 

3   water and  electricity

( more later)
-----------------------

pointers
 from a
 pink boob

don't
pick by
first looks alone

 sure the boss 
iz your
own 
very special 
 bastard

day in day out 

and 
neat new guy
Mr. Tea Cup's
got 
a clean shirt on
and 
 his money's
laundered
 thru
the 
world famous

Ha Ha charitable fund 


yes
fat head 
 'eeez 
a fine polished
gentleman indeed

but but but but 


 cheaper bread
is
still 
 cheaper bread 

get me

---------------------------------

 a good guess

make 
the less obvious 
move first 

at least 

strike  
a test blow
that way 

you might
 surprise yourself




my strong
recommendation
 
if some  
 fancy dan
blue blood
humanitarian
comes
 up  to ya 
and  
says
" I only wants 
the best for ya"

poke him in the snoot

he's likely

a dangerously
klass blinkered
quxiotic 

 social parasite

-------------------------------------------

i repeat 


when its not 
too 
obvious
like over 
 your own wages

consider
which 
of the battlin'
brute's
 is
your
 real klass enemy
this particular
 round

after all 

at least
 till we 
build something
 better

as
 D Ricardo 
saw  

these 
 industrial pricks
  are the one's

actually
plowin'
  progress's
cruel  earth 

they know what" ticks"
some times 
-------------------------------

at least
 
when
 yer betters 
 clash

mix up 
yer punches


and for god sakes

throw a few
of em
at those 
fucking
 pip squeaking 
  "its
good fer ya " 
types 

the ones 
from 
the foundations

you know

the god forsaking
penis heads
with
 the 
trust fund foreskins
 
the ones 
 going
around gibbering

" green green green
 
children children children 

 non violence non violence non violence 

 wasteland wasteland wasteland 

  sacrifice sacrfice scrafice "

        till yer wife's
           red in the  face  

=============================
Posted by pinky at June 6, 2003 05:32 AM

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