The Forum > General Discussion > Welfare reform
Welfare reform
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He said “Your argument is unfalsifiable.”
I said “That’s because it’s true.”
He said “No, you need to be able to show the conditions in which it could be proved false. Otherwise it’s irrational.”
So again, what are the conditions in which you would accept that the proposition that employment is exploitative could be proved false?
All your arguments, and the link you refer me to, rely on the labour theory of value (LTV) – that the whole value of the final product belongs as a matter of right to the worker.
However that is inconsistent with your earlier argument that property itself is unethical/unjust because it involves a right of exclusion of others from using it. If that first theory is right, then the worker does not have a right to the final product. So which one is it? Does the worker have a right to the final product or not?
What about where those selling their labour do have another option? Appeal to a horde of supposedly starving masses is vain. The vast majority of business owners in Australia come from the same socio-economic background as everyone else. Their employees have the same option to undertake the same risks, delays, responsibilities, stresses and taxes. They choose not to, because they prefer the advantages and disadvantages of employment, to those of business.
Marx said that capital “begets profit”. But it also begets loss. Capital by itself is inert. It has to be directed to this or that activity in order to make profit or loss. Deciding how to combine the factors of production is itself labour – the labour of the entrepreneur.
The world does not reward mere labour. The labour must be directed to producing something that satisfies human wants. Digging holes and filling them in again is worthless.
If the end product results in a loss, the worker doesn’t repay his wages. The entrepreneur undertakes the risk.