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A Value theory
 

 

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References
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En 1959
François de Lagausie  published a first report : "The definition of the Economic Value".
In 1966  He published a research report : An Economical Value Theory - a dialectic concept for
economical value. And in 1978  He produced a book : " Unequal labor times exchanges and inflation "
" Marxism an theoretical research in Economy "
 

                                          

                                   TABLE OF CONTENT :                                  

1°) The main books and reports published by François de Lagausie:
(in French):

1959 - Economie du temps de travail (First research report)  
            Economic Value Theory definition

1966 - Théorie Idéologique de la Valeur  (Main research report)  

1978 - Les échanges inégaux de temps de travail et l'inflation  (Extracts)  :
            - Chapter Introduction :  
            - First part : "The contradictions of an idealist theory"  
 
             ("A critical analysis of the Capital" - Karl Marx)

            -
Second part : "La ligne générale" :  
             
(New theory of the Economical Value )

1982 - Donneurs de temps de tous les pays ... (Magazine : No ! References for socialism 

2°) In 1984, Pierre Naville comments this economical Value Theory:

1984 - Extracts from the book of Pierre Naville :  La Maitrise du salariat  

 

 

Why do we need a new Value Theory ?

A research

Because this Value Theory may participate to the debate on the present crisis.
The actual capitalism is  producing a major financial crisis,
and our planet environment is becoming globally more and more unstable.

How to accept these huge economical and social inequalities?

To apply this theory, François de Lagausie propose to observe the variation between costs and times,
- the variations of the ratio between the labor durations and the incomes
- or between the labor durations and the prices.

This will give quantitative information to estimate up to how, are acceptable the inequalities of incomes?

  1. How many hours I need to receive 1300 € (The SMIC in France in 2009) ?

  2. How many hours are needed to produce a car of 13.000 €  ?

The labor duration is important in the life of any man or woman. So it is naturally an important and quantitative factor to estimate the degree of economical inequalities. Remark: Of course it is not the labor time employed to produce this car, but the average of labor time of the workers employed in the car industry.
 

Questions since 1867 ?

Is it normal than a worker work 8 hours, if only 4 are necessary to produce his household
consumption ?
Is it normal than an African work 8 hours, to buy something that is build in 1 hour by an occidental
people ?

Questions in 2009 ?

Is it normal than a trader work 8 hours, to buy something that is build in 6 month by a regular worker ?

NO ! 

These inequities of the income  "Ouvraison" (~ "Opening") are exiting for decades !

This is not acceptable !

Why ? : because it's a way to buy the life time of the other people !
How to do that ?
Just make it working more time that the necessary time of his consuming.

(Opening ~ Degree of wrought)

 

 

This theory propose to understand the two aspects of the economical value :

- First it is a Value, as all the other values (A Value is what it is important")
- Second it is a dialectical mix of these three points of view :

  1.  The ideological superstructure : the level of the value judgment.
      (Ex: I accept to pay this price for buying this thing.)

  2.  The social structure : the level where the costs or the incomes are defined.

  3.  The economic infrastructure : the level depending mainly of the working time.

So from one part, the economical value is not a fixed-rate of the working time, (as the proposal of Karl Marx, it is only depending of it, strongly or not regarding the economic case), and from the other part, it's including a value judgment that permit to accept a price or an income in a defined social context.

This theory is available for any kind of works, there is not productive works or unproductive works as K. Marks explain it.

Using this theory :

As the economical value is not a fixed-rate of the working time, we need to observe the variation of both:

We need to observe the variations between of the Opening time and the economical value
Observe the Opening of a price = time / price or the Opening of an income =   time / income

For example observe the variation of the Opening within the economics exchanges between the different sectors of the economy, or between different countries depending of their degree of development.

                                                                                                  Michel de Lagausie (08-2014)

                                          

SYNTHESIS:

Read on line the key points of the 1966 Research report
(in French):

 

    

BIBLIOGRAPHY :
(in French):

 

                                                                   Contact me

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Envoyez un courrier électronique à    mdlag.wws@wanadoo.fr  pour toute information sur ces documents.  Dernière modification : 12 décembre 2018