[lbo-talk] NYT: "Too Much Capital"

Doug Henwood dhenwood at panix.com
Sat Mar 26 10:16:59 PST 2005


Max B. Sawicky wrote:


>Yes, but some capital is non-hierarchical and
>some hierarchy does not spring from capital.

I agree with the second part, but not the first. What's capital if it's not hiearchical? Machinery is owned by capitalist and worked by proles; money capital represents the proceeds of SV extraction and is ultimately a claim on the time of workers. ("Money has but one face, that of the boss." - Negri)

Doug



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