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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