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Surplus Value (a truly jaw-dropping toy recall)

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Plaid Adder Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:07 PM
Original message
Surplus Value (a truly jaw-dropping toy recall)
Edited on Thu Nov-08-07 02:53 PM by Plaid Adder
There are toy recalls publicized virtually every day. Now that I buy toys, I have to keep track of them. Some of them can be written off as the result of an overly litigious, security-and-safety-crazed society. But here's a headline that'll really make you snarf your morning coffee:

Chemical-Laced Toy Made Toddler 'Drunk'

Turns out there's a popular Australian toy called Aqua Dots (produced, like the vast majority of children's toys, in China) which uses an adhesive that contains the compound gamma hydroxy butyrate, better known on the street as the "date rape drug" GHB. So, basically, any child who sucks on this toy is slipping him/herself a mickey. Not surprisingly, several toddlers who encountered this toy have passed out and been taken comatose to the emergency room, where they all so far have eventually recovered.

Here's my favorite four paragraphs:

The toys were supposed to use 1,5-pentanediol, a nontoxic compound found in glue, but instead contained the harmful 1,4-butanediol, which is widely used in cleaners and plastics.

The Food and Drug Administration in 1999 declared the chemical a Class I Health Hazard, meaning it can cause life-threatening harm.

Both chemicals are manufactured in China and elsewhere, including by major multinational companies, and are also marketed over the Internet.

It's not clear why 1,4-butanediol was substituted. However, there is a significant difference in price between the two chemicals. The Chinese online trading platform ChemNet China lists the price of 1,4 butanediol at between about $1,350-$2,800 per metric ton, while the price for 1,5-pentanediol is about $9,700 per metric ton.


What do you mean "it's not clear why 1,4-butanediol was substituted?" It's blindingly fucking obvious!

I suppose it's fitting in a way that the world's last remaining major Communist power has dedicated itself to demostrating for the Western world some of Marx's basic theories about what's wrong with capitalism. Marx's understanding of capitalism has had to be heavily re-thought and revised by later theorists to keep it up to date with the protean shifts that capitalism has undergone during the twentieth and twenty-first centuries; but apparently in China they're still making stuff the way they did it back in the bad old days of the industrial revolution. So in a way, they're staying true to their Communist identity by keeping Marx relevant--by performing everything that Marx critiqued about industrial-age capitalism.

What distinguishes capitalism as a process, from Marx's point of view, is its dependence on the circulation of the commodity. From Marx's perspective, the purpose of production in a capitalist economy is not to make, say, shoes, or bread; it's to make money. The commodity--the actual thing that is produced for exchange--is of interest to capitalists only as the means by which a small amount of money can be transformed into a larger amount of money. The difference between the money the capitalist puts into making and selling the commodity and the money that the capitalist eventually receives in exchange for the commodity is called "surplus value." Marx's argument was that the only thing capital really cares about producing is surplus value, and that one of the essential components of a capitalist system is an insatiable, unstoppable drive to maximize surplus value by any means necessary. In an economy where there is widespread competition (another essential component of capitalism, though how "free" this competition ever is is another story), it is impossible to raise your commodity's surplus value simply by raising its price; commodities are worthless if they are not consumed (and thereby transformed back into money), and if your product costs more than a similar product made by a competitor, then nobody will buy your product, and as a commodity, it's dead. So the way to succeed in the surplus-value game is to keep the end price of your product as low as you can while a) depressing the cost of production, so that you are no longer paying full value for either the labor or the raw materials that go into it and b)selling as many of these commodities as you possibly can so that the little bits of surplus value that you can extract from them start to add up to something.

Marx was concerned primarily with what he considered the real source of surplus value, which was the exploitation of labor: the "extra" value is created by extracting from your workers an amount of labor which is worth much more than what you actually pay for it. We're familiar with that; it's the main reason that so much of what we buy is produced in China, where labor costs much less than it does in, say, the U.S. But the other way to create surplus value is to find ways to put less money into the raw materials out of which you make the product while continuing to sell it for the same price. Obviously, one way to do that is to replace an expensive chemical with a cheaper chemical that has most of the same properties and will perform the same function. The fact that this chemical might poison the commodity's consumers is of no interest to the capitalist--unless and until that fact starts to affect the commodity's exchange value.

Of course, satisfying ironies aside, China is only one piece of this commodity circuit. The reason Chinese manufacturers are racing each other to the bottom by pulling crap like this is that they are competing for the business of Western-owned and operated corporations, and what they are really selling to these corporations, apart from the toys, is extra surplus value. And although these companies all have to profess themselves horrified when they discover where that surplus value comes from, they're all still trying to buy up as much of it as they can.

So that's what's really sending these toddlers to the hospital. Surplus value.

Criminy,

The Plaid Adder
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:14 PM
Response to Original message
1. So that's what Marx was saying? Finally, it makes sense.
And it's not like my dad didn't have a copy of das Kapital in the back of his closet in a brown paper wrapper. But nobody could ever explain it to me so I could understand it before.

From my own observations, a "free" market regulates by death. I don't consider that acceptable.
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Rabo Karabekian Donating Member (242 posts) Send PM | Profile | Ignore Thu Nov-08-07 02:27 PM
Response to Reply #1
4. Kudos
Yes, very succinct and clear explanation of Marx. I feel I already knew a lot of that, you picked up more from Capital Vol. 1 than I did though, ha ha.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:15 PM
Response to Original message
2. I expect a sudden run on all of these toys that have remained
a day or so on the shelves beyond the recall. People will do anything to narcotize themselves, although the toys aren't that useful for slipping into drinks. The beads float, you see, and the tampering is obvious.

Sad to say, GHB is also a drug of abuse. People take it voluntarily just to alter their perceptions from awake to stupid.

The real story here is that the Bush flunky at the CPSC has stated she wants neither more funding nor more personnel*. If anything points out the difference between the Democrats and the GOP, it's this willingness to put everyone including our children at risk instead of inconveniencing multinational corporations by making sure their products are safe.

* http://www.nytimes.com/2007/10/30/washington/30consumer.html
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cyberswede Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:38 PM
Original message
psst...I have some aqua dots...
My nephew made a little aqua dot puppy and gave it to my son last weekend.

It never occurred to me that it might have black-market value!

I should go sell it on a street corner! :)
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Fire Walk With Me Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:46 PM
Response to Original message
7. Mothers, tell your daughters...
Do not let some slippery Lothario entice you into playing with Aqua Dots!
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Plaid Adder Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:49 PM
Response to Original message
8. Seriously, I am quite sure
that there are older kids out there now trying to snort their little siblings' AquaDots. THis is a disaster suitable for kids of ANY age!

The Plaid Adder
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cyberswede Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:53 PM
Response to Reply #8
9. I'm half tempted
Edited on Thu Nov-08-07 03:01 PM by cyberswede
to give the thing a little lick on Friday night - parTAY!

Seriously, though, should I throw it in the garbage - is it an environmental hazard? I don't want drunk squirrels roaming the neighborhood! (insert sly inside joke about Plaid Adder's garage here...)
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:23 PM
Response to Original message
3. "China's factories feel the squeeze ..."
"A lot of Chinese companies have a saying," he said between drags on a cigarette. "Do you want to kill yourself? Then do business with Wal-Mart."

http://www.chicagotribune.com/news/nationworld/chi-thu_china1108nov08,1,5861751.story
China's factories feel the squeeze -- chicagotribune.com

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CottonBear Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:36 PM
Response to Original message
5. Of course, none of the TV news shows that I saw reported this fact this morning.
:grr:
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drm604 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 03:51 PM
Response to Reply #5
10. I saw it on the network news either last night or the night before.
I think it was ABC. They did a segment on it and mentioned the connection to the date rape drug.
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CottonBear Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 03:55 PM
Response to Reply #10
11. I meant the media didn't report the Chinese used the chemical because it was cheaper
Edited on Thu Nov-08-07 04:03 PM by CottonBear
than the safe but more expensive chemical used to coat the beads.
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JPZenger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 02:38 PM
Response to Original message
6. Should Have Just Said "Toxic" in the Recall
In the recall, the media reports should have just said the material was dangerously toxic, and not said it was like a date rape drug. There may be some sickos out there who try to buy the toys.
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Gman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-08-07 06:37 PM
Response to Original message
12. I wonder what Mao would think
I don't think Mao would at all be pleased even though he probably inadvertently started China down this road with the Cultural Revolution. How so? By the movement of people into industrial and manufacturing whereas the Great Leap Forward was agrarian (which was a complete disaster).

I don't know, just thinking about it.
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tanglefoot Donating Member (176 posts) Send PM | Profile | Ignore Thu Nov-08-07 06:43 PM
Response to Original message
13. Nicely said, Plaid Adder
Too bad it ever has to be said.
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Nostradammit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-09-07 06:25 AM
Response to Original message
14. That's great writing, Plaid Adder
Thanks for putting that together.

"I suppose it's fitting in a way that the world's last remaining major Communist power has dedicated itself to demostrating for the Western world some of Marx's basic theories about what's wrong with capitalism."


:thumbsup::thumbsup::thumbsup:
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-09-07 12:17 PM
Response to Original message
15. These damn things were advertized in commercials on EVERY
kids show for the past god-knows-how-long.
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pop goes the weasel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-09-07 06:18 PM
Response to Original message
16. It was inevitable
Neoliberals have been unrelenting in their quest to jettison business regulation and restore the market as it was during the McKinley administration. They are such idiots--DLC and Republicans alike--as to not comprehend that regulation was introduced by the first progressives in order to save capitalism during a time when Marx's criticisms of capitalist production and social costs were literally bloody apparent. The alternative to regulation, as they saw it, was revolution. Without regulation, business ethics are set by the most corrupt instead of by the socially conscientious.
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sutz12 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-09-07 06:21 PM
Response to Original message
17. China....all the best of communism and capitalism in one package. nt
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