Capitalist class is a tiny elite; workers owning stock, so what ?

Seth Ackerman sia at nyc.rr.com
Wed Jan 9 14:06:38 PST 2002


Charles Brown wrote:


> >Most Fortune 500-scale firms are owned by millions
> >of shareholders, few with single shareholders even approaching even
> >5% of the total.
> >
> >%%%%
> >
> >CB: The "few" are the capitalists, and capitalists are few.

Charles, you're the one who's radically revising Marxism. You're saying that "the capitalists" are the people who have controlling interests in big corporations - even though the vast majority of big corporations have no one with a controlling interest.

So in your reinterpretation of Marxism, "the capitalist class" actually controls only a tiny portion of the means of production. The rest is controlled by nobody. Talk about revisionism!

Seth



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