Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/5/84; site psuvax1.UUCP Path: utzoo!lsuc!watmath!clyde!burl!ulysses!bellcore!decvax!ittatc!dcdwest!sdcsvax!sdcrdcf!burdvax!psuvax1!berman From: berman@psuvax1.UUCP (Piotr Berman) Newsgroups: net.politics.theory Subject: Re: Politics and Ethics--Socialism, Libertarianism, and Capitalism Message-ID: <1963@psuvax1.UUCP> Date: Wed, 15-Jan-86 21:52:49 EST Article-I.D.: psuvax1.1963 Posted: Wed Jan 15 21:52:49 1986 Date-Received: Sat, 18-Jan-86 17:45:03 EST References: <1547@hound.UUCP> <4340047@csd2.UUCP> Organization: Pennsylvania State Univ. Lines: 96 > >> >Is human work worth only as much as it is paid? > > >> How do you define "worth?" > > >I was asking a question! > > And I was asking you to clarify your question because I did not fully > understand it. > > >> >Is the value of a human equal to the sum of wages he/she collected? > > >> "Value" to whom? There is no such thing as objective value. > > >Then OK, we both agree: we are free to redefine the value of work > >is such a way that the difference between compensation/profit > >and the "actual" worth will be equal to a tax, this way taxing > >does not take away any contribution from an individual. > > Hold on there. I don't agree to that. I merely said that value is subjective. > If value is subjective, then what does "actual worth" mean? > > >Piotr Berman > > Mike Sykora I am disputing the following libertarian tenet: whatever wealth an individual acquired by its own direct labor and indirect labor (transactions with other individual) is solely his/her: only this individual has the right to dispose this wealth. Sounds very well, additionally allows to draw the following conclusion: any form of tax is a theft (as a disposition of wealth by other person than the owner). My objection was that when market is involved, the connection between labor and reward is not strightforward. In an extreme example, gambling with small stakes takes the same effort as gambling large stakes. The absolute risk is larger in the latter case, but this is not a meassure of effort. The personal risk may be larger in the first case: small gambler may risk his all livelyhood, while the high-roller risks his pocket money. Substitute managing capital for gambling and the same conclusions follow. Then we (both me and Sykora) are coming to the conclusion that it is impossible to find "objective meassures" of the worth of labor. Two persons may study with equal dilligence, but due to the shift in the market, by the time they finish their education the market value of their skills may differ, the fortunate one could have better forsight, but he could also have been more lucky. At this juncture I am making a conclusion which a libertarian refuses to make: since the moral justification for ownership of wealth is the labor which allowed to gather this wealth, and the value of this labor is subjective (to a degree, not totally), the concept of ownership is also subjective, and so are the priviledges of ownership (the full discretion in disposing the wealth). Thus it may be fully justified that a majority defines some limitation on this discretion (you dispose 60% as you see fit, we dispose 40%), even if it is contrary to the wish of some. It may be disputable whether the constaints on ownership imposed by majority are fair, economically efficient etc., but they do not constitute theft, but rather a convention what the ownership is. It may be debatable what this convention should be, but because of the inherently subjective nature of the "worth of labor" (i.e. the proportion of monetary reward which "morally" should be left to the free disposition by an individual), this must be a convention. As it is pointed in the last paragraph, this convention has a moral nature. Thus it should not be changed to freely: morality has sense only if it is stable during lifetimes of individuals. Thus the basic tenets of such a convention belong to constitution, as opposed to a law which may be changed easily and frequently. For the same reason, even small changes should not be undertaken to lightly. As a final conclusion, theft is not a did which may be defined in absolute (i.e. invariant) terms, but in terms of a convention. A libertarian will point at this moment that by the same token the liberty would be a convention. Where then can we draw a line between, say, our founding fathers and Hitler? They claim that without ironclad rules, which are not subjects to changable conventions, we exist on a slippery slope. Thus the morality, law etc. should be based on the objectively developed ethical system. (The system, since only one may be developed objectively.) However, as an atheist, I claim that ethics based on a religion, however usefull, is based on an illusion. Similarly, my logical education suggest that "rational ethics" is similarly based on an illusion of objectivity. Thus we should use our reason not to find ironclad rules (futile), but to find some forsight. Would I forsee that the current system is bound to evolve into totalitarianism, I would vote libertarian. Would I forsee that almost everybody would be better of without a minimal wage, I would advocate its repeal. However, my prediction is different. Piotr Berman