# Re: [OPE-L] The Law of Value and Rib Tips

From: Philip Dunn (pscumnud@DIRCON.CO.UK)
Date: Tue Feb 08 2005 - 16:55:07 EST

```Ah Hah! A *joint* production problem.

Quoting glevy@PRATT.EDU:

> A message sent on July 7 to Kapital_Gang@yahoogroups.com by
>
> In solidarity, Jerry
>
> ========================================================
>
> 4th of July and I was eating BBQ at my brother's and I was thinking  about
> the Law of Value.
>
> Now, as I understand it, the value (v) of a commodity is the sum
> total of the congealed labor in it in the form of dead labor
> (constant capital =means of production = previous labors) or (c)
> congealed alongside the paid amount (value) of living labor (v) which
> goes on off into in its production plus the surplus value (s) which  is
> the non-paid portion of said living labor.  Or
>                            v = c + v + s or k + s where k = (c + v)
>
> This, of course, is notwithstanding the transformation of this value  (in
> Vol 1, Chap IX) into price of production (Pp) (in Vol 3, Chap IX)  such
> that
>
>                            v = (c + v) x (1 + P') or k(1 + P')
>
>                           where P' is the general rate of profit
>
> And this, in spite of the errors inherent in the simplification that  is
> the above, is similarly,
> not withstanding.
>
> Yeah, as I munched, I was ruminating on the Law of Value.
>
> Now, as I see it, the difference between ribs and rib tips, aside from
>
>        The texture  (Quality: of no importance in the below)
>
>        The size      (Quantity: of some importance in the below)
>
>        The cost      (Quantity: of prime importance in the below)
>
> As I visualize it the only essential thing that really differentiates
> ribs from rib tips is the swipe of the knife that separates the whole  rib
> into rib and rib tips.   That's it.  The very same act, the swipe  of the
> cutting tool, 'creates' ribs and simultaneously creates rib  tips.
>
> Now, let us look at their 'values' as defined above.
>
> In any given pig there are would be ribs and rib tips existing,
> cohabiting alongside each other as the pig's ribs.  In the very same  pig
> they are
>
>          1.  Bought or born into ownership (c in the form of invested
> capital)
>
>          2.  Sheltered (c in the form of fixed capital)
>
>          3.  Fed (c in the form of circulating capital)
>
>          4.  Tended (by v in the form of labor engaged in what could
> be called
>               Production Process A .
>
>          5.  Slaughtered  (by v in Production Process B) and
>
>          6.  Separated into ribs and rib tips (by v in Production
> Process C.)
>
> At every step these two erstwhile commodities share identical costs  of
> production.  And yet, in spite of the fact that there is a greater  weight
> per pig of ribs than rib tips, at any given BBQ stand a, say,  pound of
> ribs will cost you more than a pound of rib tips.  Why?
>
> Best,
>