[lbo-talk] LTOV/LTOP

Michael Dawson MDawson at pdx.edu
Thu Dec 23 11:18:02 PST 2004


"supplies raw materials and instruments of production which add value"

Untrue. Those things are products of past labor, which is the only thing besides nature that adds value.

And, btw, workers in pre-capitalist class societies didn't own most of what they produced. If they owned half, they were lucky.



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