Two blocks, each of mass,m, are attached to the ends of a massless rod which pivots as shown in Fig. 8-40. Initially the rod is held in the horizontal position and then released. Calculate the magnitude and direction of the net torque on this system.

This is what I got: Can you tell if it's right or what I'm missing!
mg( L2-L1), clockwise

To calculate the net torque on the system, we need to consider the torques produced by the gravitational forces acting on the blocks.

First, let's define a few variables:
- m: mass of each block
- L1: distance from the pivot point to the left block
- L2: distance from the pivot point to the right block
- g: acceleration due to gravity

The torque produced by the gravitational force on the left block is given by:
τ1 = m * g * L1

The torque produced by the gravitational force on the right block is given by:
τ2 = m * g * L2

Since the two blocks are on opposite sides of the pivot point, their torques have opposite directions. The torque produced by the left block is counterclockwise, while the torque produced by the right block is clockwise.

To find the net torque, we subtract the clockwise torque (τ2) from the counterclockwise torque (τ1):
net torque = τ1 - τ2

Substituting the values, we get:
net torque = m * g * L1 - m * g * L2

However, in your answer, you wrote "mg(L2-L1)" instead of "m*g*L1 - m*g*L2". This is incorrect because the magnitudes of the torques produced by the two blocks are not simply subtracted. Torques are vectors, so we need to consider both magnitude and direction.

To determine the direction of the net torque, we need to consider the direction in which angular acceleration is produced. In this case, the net torque is causing clockwise rotation, thus the direction of the net torque is clockwise.

Therefore, the final answer for the magnitude and direction of the net torque on the system is:
Magnitude: m * g * (L1 - L2)
Direction: Clockwise