Monday, February 6, 2012

uses for the labor lump

no there is no necessary theorteical  lump of labor
 in dynamics lumps might look like they exist where hours  shortages emerge
in the flux of effective demand

exploitation max  calls for a pool of excess hours

hours are rationed and always the supply at any diven array of wage rates
exceeds the capitalist deemand for those profered hours
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certain progressives take the existence of this over supply as the basis for
 an hour restriction law or job time shares etc

The analogy might be corn farmers in need of crop restrictions

Time here is the corn
Ie the crop to be restricted

usually they suggest cultural pressure as part of thr over job attendance
Tendency in capitalist job markets

ANC corporations like this too for the reason above
euphemized as the efficient wage rate of structural unemployment


But there is no lump of labor barrier
It's a lump of profit barrier