The Mudcat Café TM
Thread #102414   Message #2079628
Posted By: Riginslinger
17-Jun-07 - 11:02 PM
Thread Name: BS: Anyone still a socialist/communist?
Subject: RE: BS: Anyone still a socialist/communist?
"The situation vis-a-vis capital and labour is a matter of balance, and no matter what argument you put forward, there IS a point where both sides can achieve the best reasonable advantage."

          Don - I agree that's true, but labor is way behind schedule on this issue. Capital is now playing workers in developing countries off against workers in Europe, North America, and Japan--among other places. Labor has to organizw world wide in order to balance the equation.


    "But do you think there is any point to having a Stock Exchange---anywhere in the world?"

          I will agree that a lot of money seems to be wasted in the effort to buy and sell securities. At the other end of the spectrum Marx seemed to have missed the necessity markets in any respect.