tag:blogger.com,1999:blog-5687347459208158501.post5545677425878371700..comments2024-03-28T22:33:29.066-04:00Comments on The Philosopher's Stone: THE FUTURE OF SOCIALISM PART TWORobert Paul Wolffhttp://www.blogger.com/profile/11970360952872431856noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5687347459208158501.post-32949476244767099482019-04-16T14:37:52.815-04:002019-04-16T14:37:52.815-04:00Thanks for this. A couple of points.
The problem...Thanks for this. A couple of points.<br /><br />The problem you raise seems even greater for service-oriented businesses. How does one account for, say, the sunk costs of the years creating the curriculum for a Taekwondo studio? Or the training of employees in that? Or in the years fostering a reputation in the community that drives business your way instead of to competitors? (A reputation that can certainly be lost, to the detriment of the value of your business). <br /><br />Further still, the difficulty you raise shows the poverty of a labor theory of value as a way of explicating exploitation. How one accounts for the value of fixed costs, or its depreciation, will seemingly determine whether or the extent to which the employees are being exploited, as they mix their labor with machinery, the building costs, or the business' reputation.<br /><br /><br />AJ Kreiderhttps://www.blogger.com/profile/01668308322373910355noreply@blogger.comtag:blogger.com,1999:blog-5687347459208158501.post-67994232200471181942019-04-16T13:43:17.621-04:002019-04-16T13:43:17.621-04:00Of course. That was one of the points of my argum...Of course. That was one of the points of my argument!Robert Paul Wolffhttps://www.blogger.com/profile/11970360952872431856noreply@blogger.comtag:blogger.com,1999:blog-5687347459208158501.post-1509070114356919792019-04-16T11:47:28.345-04:002019-04-16T11:47:28.345-04:00Wouldn't the same issues arise regardless of w...Wouldn't the same issues arise regardless of who owned the factory--shareholders or employees or the state?David Palmeterhttps://www.blogger.com/profile/01895092366685079046noreply@blogger.comtag:blogger.com,1999:blog-5687347459208158501.post-21040930004422353192019-04-15T16:11:27.723-04:002019-04-15T16:11:27.723-04:00welcome! You may be the only one!!welcome! You may be the only one!!Robert Paul Wolffhttps://www.blogger.com/profile/11970360952872431856noreply@blogger.comtag:blogger.com,1999:blog-5687347459208158501.post-67685130374801917352019-04-15T16:00:07.043-04:002019-04-15T16:00:07.043-04:00Hello,
I make my living as a CPA, but also took a...Hello,<br /><br />I make my living as a CPA, but also took a significant number of philosophy courses during undergrad. I think I actually stumbled upon your work by way of your "Narrative Time" essay, which I found to wonderfully clear. When I found my way to this essay, however, I was completely intrigued.<br /><br />I used to say things in class like "adjudication is a problem in accounting too." I'm sure my professors saw me as some sort of novelty item: "a philosophical accountant--look at that!"<br /><br />Anyway, I thought I should say that your foray into the drab world of financial accounting not only provided you insight into the logic of the modern corporate conglomerate, but also grew your audience of accountants by at least one.<br /><br />--Brian <br /><br />Briannoreply@blogger.comtag:blogger.com,1999:blog-5687347459208158501.post-69571675136824197942019-04-15T10:30:09.055-04:002019-04-15T10:30:09.055-04:00Why is the suggestion "that the company write...Why is the suggestion "that the company write off the entire cost of the machine in the year it is purchased, and treat it in all the subsequent years of its use as a free good" not objective and impartial? As for inventory, wouldn't the objective, impartial valuation be the actual price paid for each unit used? Sure, that would be a cumbersome, inefficient method, but it would be objective...wouldn't it?Deannoreply@blogger.com