Some Preliminary Thoughts on Knowledge-based Production: 49 Seconds on Mustafar
Nick Potts
Abstract
Nick Potts
Abstract
We seek to demonstrate how Marx's integrated understanding of capitalism in general, which follows from his theory of the determination of value by labour-time, helps us to understand the particular question of knowledge-based production. Section one records the debate over the internal consistency of Marx's theory of value. Section two explains how Marx's conception of capitalism as the unity of a valorization process and a labour process shapes our conception of which activities are productive. Section three considers the relevance of Marx's definition of productive and unproductive labour to our understanding of knowledge-based production. Section four focuses on research and development in the context of Marx's theory of value. Section five explores the question of training/skills in our knowledge-based society, informed by Marx's concept of simple and more complex labour-power. We conclude, noting how George Lucas measures the value of 49 seconds of film on the imaginary planet of Mustafar.
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We seek to demonstrate how Marx's integrated understanding of capitalism in general, which follows from his theory of the determination of value by labour-time, helps us to understand the particular question of knowledge-based production. Section one records the debate over the internal consistency of Marx's theory of value. Section two explains how Marx's conception of capitalism as the unity of a valorization process and a labour process shapes our conception of which activities are productive. Section three considers the relevance of Marx's definition of productive and unproductive labour to our understanding of knowledge-based production. Section four focuses on research and development in the context of Marx's theory of value. Section five explores the question of training/skills in our knowledge-based society, informed by Marx's concept of simple and more complex labour-power. We conclude, noting how George Lucas measures the value of 49 seconds of film on the imaginary planet of Mustafar.
Key concepts: Production (economics), Knowledge production, Psychology, Knowledge management, Computer science, Economics, Macroeconomics