(OPE-L) Re: measurement of abstract labor

From: Gerald A. Levy (Gerald_A_Levy@MSN.COM)
Date: Fri Jun 11 2004 - 06:44:42 EDT

Hi Paul C.

In your empirical calculation of SNLT suggested below,
how do you calculate the average  *intensity* of labor?

In solidarity, Jerry

Fred what is wrong with just adding up all the actual labour time
across society.
Since you are integrating over the social totality what you will get
is bound to be the average socially necessary. Of course foreign trade
complicates things, but that complicates things in theory as well.
The total hours worked by society must be the total socially necessary
time done by society - there is no hidden time to skew the average.
One may of course discuss whether certain activities are necessary to
society and decide to exclude them from the total, but these exclusions
are done both in theory and in your empirical measure as well so they
cancel out.

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