[lbo-talk] Delong puts the smackdown on ol' Whiskers

[Michael Dawson]

Why should capitalists ever be paid for more than what time and work they
performed, like the great mass of humanity?  If a capitalist can show s/he
scrimped and suffered to create a useful good or service, then they should
get paid for that scrimping and saving -- once.  J.D. Rockefeller
rationalized oil distribution, for which, on the kindest possible
interpretation, he MAY have deserved a comfortable and carefree retirement.
Why did he end up with a billion, and why in fuck are his grandchildren
entitled to penny of property income from his work?

And where in the hell is DeLong's recognition of the social and democratic
claim on surpluses?  What capitalist or capitalists ever created capital
without a serious degree of theft and public subsidy?  That's right --
nowhere and none.

DeLong thinks his silly just-so story discredits the LTOV and substantiates
his fealty to the mainstream religion of capital.  What a joke!  Maybe he
can discuss how brilliant this is over lunch with "Larry" sometime, in
between proofs of the perfection of the Third World garbage can model and
how dumb girls are.


> -----Original Message-----
> From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
> On Behalf Of Miles Jackson
> Sent: Tuesday, April 05, 2005 11:44 AM
> To: lbo-talk at lbo-talk.org
> Subject: [lbo-talk] Delong puts the smackdown on ol' Whiskers
> 
> 
> Take a look at Brad D's blog--
> 
> www.j-bradford-delong.net/movable_type/index.html
> 
> for a criticism of the Marxist notion of
> exploitation.  I know we shouldn't dogpile, but
> those of us who think that the extraction of
> surplus value is worth studying should offer a
> few comments on his blog.  (Frankly, I don't think
> much of Brad's argument, but I'm interested in the
> opinions of LBOsters.)
> 
> Miles
> 
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