[lbo-talk] Imperialism & Exploitation

Doug Henwood dhenwood at panix.com
Fri Jan 23 08:05:41 PST 2004


andie nachgeborenen wrote:


>But Roemer show syou can have
>inequality without "bad" exploitation -- he has models
>in which the poor exploit the rich (the rich transfrer
>surplus labor to be poor). He uses these to conclude
>that it's not exploitation that is troubling, but
>inequality.

"He has models..." Neoclassicals have a lot of models too, but they're mostly crap. These sound like crap too. Where does inequality come from if not the appropriation of value created by others? Where, to be more specific, do executive salaries, profits, interest, dividends, and rent come from?

Doug



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