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Re: Rcee: [jox] A response to Michel and Jakob

Hi Jakob,

I understand what Marx' rent theory is about, the more I do not understand your point.

Now, I think that the claim that Facebook is selling attention to
advertisers is categorically mistaken. No. Facebook is letting pieces
of virtual space to advertisers and receive rent for it.

The "virtual space" is 1) a metapher and 2) a purely cultural-technological construction. Rent theory is about scarcity of a natural resource with different "productivity", isn't it?. But the "virtual space" is by no means a scarce resource (at least after implementing ipv6) and I don't see different productivity either.

To put it different: in your terms, a person leasing cars gets a rent from "letting pieces of car space to users"?


Am 25.03.2012 00:06, schrieb Jakob Rigi:
If you want to Learn about Marx theory of rent you need to read Part Six
of the Thiird Volume of Capital (chapters 37-47, pp. 751-950, the
english translation, Penguin Edition) organised under the title: "The
Transformation of Surplus Value into Ground Rent". Marx ascribed the
trinity formula to economists he criticised. However, he did not meant
to deny the existence of rent but argued that the origin of rent was
surplus value that was produced by wage labor which was exchanged with
All the best


  Dr. Hans-Gert Graebe, apl. Prof., Inst. Informatik, Univ. Leipzig
  postal address: Postfach 10 09 20, D-04009 Leipzig
  Hausanschrift: Johannisgasse 26, 04103 Leipzig, Raum 5-18	
  tel. : +49 341 97 32248
  email: graebe
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