unions

Carrol Cox cbcox at ilstu.edu
Tue Aug 13 12:27:15 PDT 2002


Doug Henwood wrote:
>
> Carrol Cox wrote:
>
> And how did she provide capital for production by buying bonds or stocks?
>

Why do you think this a releveant question?

I wouldn't have the slightest idea -- she simply bought a share of surplus value. Same with Mrs. Dodge 66 years ago. Her husband left her with $50 million (quite a lot in 1935). She put it all in tax-free municipal bonds, but she sure as hell didn't stop being part of the capitalist class.

I don't think tracing the exact flow of surplus value (or variable capital) has any relationship to the analysis of class relations.

I didn't know you had this narrow a "productivist" view of class.

Carrol



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