“Equivalent exchange for different forms of labor time The productivity of which develops over time Unevenly, inevitably, and so creates in time Surplus labor time
Mike: Which is? Pegg: Source of all wealth. Mike: Private? Pegg: and/or common Mike: Please define.
Ok, Start with... Socially Necessary labor time which now can be defined As world average time we workers add to products of same kind Subtract total other workers put in all that we must pay for to work another day.
Productivity today is tallied to the nanosecond, tracked ‘round the globe on cyber bits on waves and wafers borne on backs AND brains of waifs waved on by waivers and new ways to weigh the value of another human’s time (the time that's bossed for pay
Calculated in manhours, standard units that don't change as do pounds to euros, yen to dollar rates we use for their exchange. The real hours should not be secret. Such advantage makes free trade unfair by definition til it’s public info made.
This will happen when we common folk decide to make it so When we see we have to go from ‘just say no’ to‘right to know’ Another round of Solidarity with old John Brown is due Strange words to us were understood by him back then when they were new
International money exchanges A dollar to day That tomorrow’s worth a dime Yet in international standard time An hour’s an hour in any clime”
Make productivity transparent. Manhours per unit should be ap- parent. Consumers have a right to know. WTO could make it so.
updated April 10, 2015 free use; please credit and link to www.peggydobbins.net