Immiseration

Apsken at SPAMaol.com Apsken at SPAMaol.com
Thu Dec 23 09:47:28 MST 1999



Lou asked,

> 1. Didn't Marx falsely predict the immiseration of the working class? Why
>  has this not happened?
>

The quotation from Capital reads, "be his payment high or low, the lot of the
worker must grow worse." That is a more subtle and sophisticated concept of
immiseration than vulgar Marxism or anti-Marxism comprehends.

Ken Lawrence









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