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

Michael Dawson MDawson at pdx.edu
Tue Apr 5 14:02:28 PDT 2005


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
>
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk



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