[lbo-talk] re: Getting Straight On The Labor Theory of

Mike Ballard swillsqueal at yahoo.com.au
Wed Dec 22 20:28:15 PST 2004


From: andie nachgeborenen <andie_nachgeborenen at yahoo.com> --- Mike Ballard <swillsqueal at yahoo.com.au> wrote:
> A gigantic division of labour is used to extract
> wealth from nature. Labour is entitled to control
> and socially own all the wealth it creates.

In virtue of what? ************

Because, in my opinion, the product should be owned/controlled by the producer, even if it is a social product. The alienation of the product from the producer leads in all kinds of negative directions: alienation, lack of political power....


>Capitalists own most of the wealth which labour
creates now. Thus, the wealth of societies under the rule of Capital presents itself a vast accumulation of
> commodites.

That "thus" doesn't follow. **************************************

To me, it follows. But then, I'm not a "market socialist".

Seasons greetings, Mike B)

===== ******************************************************************* Wage-slaves of the world unite! Reclaim the social product of your labour. Claim your free-time--it's your life. There is power is classwide organization. You have nothing to lose but your bosses and who needs them anyway?

http://profiles.yahoo.com/swillsqueal

__________________________________ Do you Yahoo!? Yahoo! Mail - now with 250MB free storage. Learn more. http://info.mail.yahoo.com/mail_250



More information about the lbo-talk mailing list