----- Original Message ----- From: "Yoshie Furuhashi" <furuhashi.1 at osu.edu> To: <lbo-talk at lists.panix.com> Sent: Tuesday, January 08, 2002 4:03 PM Subject: Re: Negri on globo
> > > Unlike unions, membership is automatic, and few have any chance
to
> >> opt out of their class -- so there is no card. :->
> >> --
> >> Yoshie
> >
> >=================
> >
> >Which class are the workers who owned Enron stock in?
> >
> >Ian
>
> The Enron debacle helps to clarify to all that piddling stock
> ownership in 401(k) plans doesn't make capitalists out of workers:
>
<http://abclocal.go.com/ktrk/business/120501_news_enronretirement.html
>.
> 401(k) plans are just a boondoggle by which corps get rid of
workers'
> defined-benefit pensions.
> --
> Yoshie
>
=================
So a worker who retires with a 401(k) valued at a million bucks is not
a capitalist?
Ian