Wednesday, September 19, 2018

Profit and Will to Power

Smith and Marx agree that the ultimate basis of all Profit, that can be further supplemented in the Exchange process, is the Surplus-Value of a Good that is the product of the Labor that transforms it from raw material.  Now, as has been previously discussed, Smith's equating Profit-seeking with Egoism seems an arbitrary departure from the traditional concept of the former as Survival-seeking.  However, Will to Power can adequately ground Smith's thesis.  For, the transformation of raw material into a usable Good involves a discharge of strength--the imposition of a new Form on the material--with the profiting from which in an Exchange a not necessarily deliberate consequence, that Smith makes deliberate.  So, Smith's supplanting of Survival-seeking by Profit-seeking can be understood as implicitly anticipating Nietzsche's supplanting of Will to Live as Will to Power.

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