[lbo-talk] William Pfaff: The price of globalization

Carrol Cox cbcox at ilstu.edu
Tue Jan 13 12:20:48 PST 2004


Jim Farmelant wrote:
>
> Nevertheless, given those
> ammendments, Marx did see something
> like the "iron law of wages" as operative
> under capitalism, and like Ricardo he
> percieved a linkage between this law and
> free trade.
>

The phrase itself is misleading, especially considering Marx's savage attack on its use in the Gotha Programme, where he calls its use an unprincipled surrender to Lassalle's partisans.

Carrol



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