Jim heartfield wrote:
> Psychic income, what can you buy with that? Presumably he says 'psychic
> income' because you cannot demonstrate that white workers exploit black
> workers without abandoning the Marxist theory of exploitation, but I'm
> not sure that shifting into the realm of the psyche will square the
> circle.
Yes, 'psychic income' is a horrible phrase, one that an economics teacher of mine used to use all the time to designate benefits or enjoyment that cannot be put into $$$ terms.
Sam Pawlett