Excellent!

Certified Divine Intellect Video

In the diagram, if we are actually going forward with the assumption of department 1 selling one commodity (i.e., we're aggregating), department 1 shouldn't have a flow of commodities from the market, nor a flow of money to the market. Department 1 produces all the means of production that it needs, it doesn't need to buy anything besides labour.

@TexTalksSometimes

2 жыл бұрын

I didn't say I was aggregating. There's no need to aggregate while I'm making those diagrams. I'm not building a model just yet at that point. I'm going to in the next video, but at this point I'm just making observations about our society

@giannistsiligiris6286

2 жыл бұрын

@@TexTalksSometimes I understand why you did that, but that assumption (aggregation) is implicit when talking about the two departments. It's no big deal in any case, but when not aggregating we tend to talk about "capital good industries" and save the "department 1" when aggregating. Terminological stuff, perhaps of no consequence.

@TexTalksSometimes

2 жыл бұрын

@@giannistsiligiris6286 yeah I'm completely self taught so I'm gunna mess up those more common conventions, I definitely go back and forth saying those two terms interchangeably throughout

Flow of "stuff", not of "commodities". Remember that commodities are not just "things of use-value to someone".

at 10:05 when you say different parts of the working day correspond with different departments what do you mean? A worker working somewhere that produces sheet metal at no point is making consumer goods and vice versa

@TexTalksSometimes

2 жыл бұрын

See part 3 of my introduction series. It's just an accounting scheme, an account of all hours worked. Not really a timeline but conceptually helpful to think of as one. There are a certain number of hours spent making means of production, that's C. IT's just all arranged first to conceptualize that society overall spends so many hours of the day making means of production.

@MyAce8

2 жыл бұрын

@@TexTalksSometimes I understand constant / variable capital, and surplus value. I was just confused because workers in dept 1 don't produce their own means of subsistence. I guess what you mean is that they spend a certain portion of their working day producing the value that is then paid them in wages and exchanged for their means of subsistence

@TexTalksSometimes

2 жыл бұрын

​@@MyAce8 I don't think I ever implied that workers in department 1 are producing means of subsistence. Maybe to try to answer your original question again, Department 1 is the department making the capital goods, the constant capital, so the total amount of living labor done by the capital goods industries is the total amount of time C. Same regarding department 2 and the chunk C+V. That's all I'm saying in that part.

Labor as a commodity? What?

@Poizn0

7 күн бұрын

labour power is a commodity in that it has a use value and can be exchanged for money commodity

@stavroskarageorgis4804

7 күн бұрын

@@Poizn0 Labor-POWER, not labor itself.