Enough capital?

Scott Marshall Scott at rednet.org
Thu Jun 8 05:42:03 MDT 1995


Hi Chris,

Rather than me try to explain it, I like the old man's answer that
capitalism is live capital serving dead capital and socialism will be dead
capital serving live capital or something like that. The gigantic bubble of
dead capital is reaching a crisis point.
>
>But rather than trying further to justify the way I explained it,
>how would you explain it?
>
>Cheers,
>
>
>Chris B
>
>
>>>>>>>>>>>>>>>>>>>>>>>>>>
>
>From: Scott at rednet.org (Scott Marshall)
>Date: Tue, 06 Jun 1995 17:49:05 -0500
>Subject: Enough Capital
>
>Chris B. asserts:
>
>>but there is not
>>enough capital in the world for everyone to be constructively
>>productive.
>
>Scott:
>
>This is quite a sweeping assertion. Based on what calculations? While I'm
>sure this is the conventional wisdom of bourgy economists where is the
>evidence. Does this mean that socialism won't and can't work? This is
>certainly no minor detail, but very much an under*lie*ing assumption for
>justification of class society and capitalism. Or <deadpan> to put it as I
>*did* learn it in Sunday School back there in South Carolina, "The poor will
>always be with us." That was ususally in the same lesson with "there will
>always be wars and rumor of wars."
>
>
>
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