>>707410this is the text they refer to:
>https://monthlyreview.org/2023/10/01/unequal-value-transfer-from-mexico-to-the-united-states/>As Samir Amin explained, “underdeveloped countries are so because they are superexploited and not because they are backward.”this isn't what superexploitation means. superexploitation happens to workers working with the most productive MoPs compared to everyone else in the same industry. superexploitation happens in the
North, not the South
>Palloix argued that economies in the North were able to take advantage of their higher productivity and higher organic composition to sell commodities in the global market at monopolistic prices above their valuethis is very silly. higher OCC hurts the RoP. what Porky wants most of all is a monopoly with zero OCC
>the “framework for the essential theory of unequal exchange: The products exported by the periphery are important to the extent that—ceteris paribus, meaning equal productivity—the return to labor will be less than what it is at the centermy emphasis. this isn't actually the case in general. it can certainly be the case in specific industries, but unless productivity is not on par with the North across industries than the value of labor power will languish
back to this Kaffe fellow:
>Labor Productivity in Mexican exports from 2008 and 2022 rose 42% while wages DROPPED 25%.so? how much did productivity in the US change at the same time? what industries are we talking about?
>underneath lies the fact that UK firms buy from their subsidiaries in China at much lower prices than they appear on British shelves.this isn't surprising if we're talking about things that aren't traded on open commodity markets. through things like patents, some Porkies are able to extract rent from workers employed by other Porkies. it would be good if this person brought up specific examples, and relevant numbers. so far they have not addressed what Dr. Cockshott says. if Indian steelworkers are superexploited, where is the steel that is sold to realize the resulting superprofits produced? certainly not in India
>Instead use the global value of labor-powerthere is no such thing as a global value of labor power. this is pointed out by Marx in vol III. the reason why wages in say Mexico are lower is because the value of Mexican labor power is lower. this is why Porky prefers to invest in the North, where labor power is more valuable and thus there is a more pressing need to economize on it
>https://youtube.com/shorts/jH1SABVzXJ8this is a great example of monopoly + low OCC. they don't say what the bag sells for, but I'm guessing a 100% RoE so $1400 + $600 = $2000. this will be close to the value of the bag since they sell for that on the market in China. it also happens to be quite a low OCC: $800 materials + $600 labor + $600 profit. c/v = $800/$600 ≃ 1.33
when a brand buys these bags and adds their logos etc to it, that obviously doesn't add much more value to the bag, especially if Chinese labor is used to do it. where then does the extra profit come from? if it's not created by the workers making the bag then it must come from rent. this rent is almost certainly extracted from Porkies that enjoy superprofits, which are almost exclusively in the North. or more correctly the workers working for said Porkies
a central problem with proponents of unequal exchange is that they seem to assume Porky ever gives anything to workers freely. why is the value of Northern labor power higher? it is higher due to the larger rate of proletarianization, due to the higher level of development and due to strong unions. UE doesn't lead to any actionable conclusions - just endless whining that Northern Porkies have "bought off" their proles. it's christcuckery of the highest order