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

Doug Henwood dhenwood at panix.com
Wed Apr 6 11:14:41 PDT 2005


andie nachgeborenen wrote:


>Those profits do not come from
>redistributing surplus created by other capitalist's
>workers. They come from overcharging consumers.

By the way, even though Wal-Mart has very substantial market power, it's been using that power to drive down wages & prices. About the only major "monopoly" I can think of right now that's overcharging consumers is Microsoft - and a lot of its consumers are businesses, not individuals.

Doug



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