RE: https://mastodon.social/@sflorg/116517535576002455
The human behavioral range, filters overlapping data segments by learned, hard encoded, and individual bias...
#BehavioralScience #Scalar #Differential #Equations #DoingTheMath #BehavioralRange #ValueTheory #SetTheory
On production, extraction, degrowth and doing magic: theories of value in Naomi Novik's Scholomance Trilogy
The Scholomance is a school for wizard children, set in the eponymous world created by fantasy author Naomi Novik. In this world, magical predators called maleficaria feed on mana, a substance that allows wizards to do magic. Both children and adult wizards have it, but the adults are more dangerous than most of the maleficaria themselves, so the latter need to feed on children. This is a major threat to wizardkind: in the wild, nineteen out of twenty wizard children are eaten before maturity...
Underdevelopment by Design: The Metrics of Unequal Exchange
"Güney Işıkara and Patrick Mokre have published an insightful book that explains how Marx’s theory of value operates to explain the trends and fluctuations in modern capitalist economies. Called Marx’s Theory of Value at the Frontiers – Classical Political Economics, Imperialism and Ecological Breakdown, the title tells the reader that the book is about taking Marx’s law of value towards what they call its ‘frontiers’, namely markets and trade; imperialism and the global environmental crisis.
This is an ambitious project, but the authors succeed with a high degree of clarity in explaining the way that value (as created by human labour power at the highest level of abstraction) is modified and mediated by competition between capitalists into what Marx called ‘prices of production’ (where individual capitals’ profit rates become equalised) and by market prices (where surplus profits drive capitalists into unceasing competition).
The authors, as former students of Anwar Shaikh, adopt his theory of ‘real competition’ as opposed to the mainstream ‘perfect competition’. The latter is based on a view of capitalist production based on harmony and equilibrium, while real competition is unceasing turbulence. That is real competition at work: “antagonistic by nature and turbulent in operation” (Shaikh)."
https://thenextrecession.wordpress.com/2025/10/03/the-frontiers-of-value/
#Capitalism #Marx #Marxism #PoliticalEconomy #Competition #ValueTheory #Imperialism #Ecology
The featured Wiki of the Day for Saturday, 2 August 2025, is Value theory.
Listen to the new episode here: https://wikioftheday.com/wotdep.php?pod=featured&epnum=3011
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[New post] Of production, extraction, degrowth and doing magic: theories of value in Naomi Novik's Scholomance Trilogy
Photo: Public domain, from https://www.needpix.com/photo/download/1017235/witch-sorcerer-woman-female-young-medieval-magic-gothic-dark
"The contributions to the Forum refer to Simon Clarke’s ‘two stages of the same project’, as Clarke explained regarding Marx’s work. They make apparent that Clarke’s initial intellectual contributions to the critique of political economy, form analysis, value theory, theory of the state and money were essential to his later understanding of the collapse and metamorphosis of the former URSS State Socialism into a capitalist form, and his analysis of the political implications of such transformation on labour relations, working-class interests and class struggle in Russia, other Eastern European countries, China, and Vietnam."
https://journals.sagepub.com/doi/full/10.1177/03098168231171635
#Marxism #CriticalTheory #PoliticalEconomy #CritiqueOfPoliticalEconomy #ValueTheory
SEP:ssä kokonaan uutena Adlerin ja Holtugin entry prioritarianismista arvoteoriana,
https://plato.stanford.edu/entries/prioritarianism/
#sep #ethics #etiikka #arvo #arvoteoria #value #valueTheory #new #filosofia #philosophy #policy #political #politicalTheory
Bloomberg report: Wall Street is shorting the green economy
Managers in the $5 trillion hedge fund industry say the reason is obvious: Despite the promises, clean energy and green technology stocks have lagged far behind the broader market. Deep-pocketed institutions are concluding that many climate investments won’t pay off as quickly, or as lucratively, as they’d hoped.
#capitalism baby! It's not that climate investments aren't making money. It's that they aren't making enough, quickly enough. It's profitable, but it's not profitable ENOUGH to induce these fuckers to slow the burning of the planet.
This is what you get when money = value and value = money.
#ValueTheory #Degrowth #ClimateCrisis #ClimateChange #GreenTransition
ModernMaslow
Alberto Cottica
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Miguel Afonso Caetano
Wiki of the Day
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Eric Kliq410
Sally Strange