[lbo-talk] Paris getting ready for jail

Carrol Cox cbcox at ilstu.edu
Sat Jun 2 09:58:12 PDT 2007


andie nachgeborenen wrote:
>
> Would a million dollars make any marginal difference
> to Paris Hilton? Would it even be a statistically
> significant change in her net worth?

This raises a general question about all members of a capitalist ruling class: having more than they can (or even their heirs) can possibly spend, why do they still struggle for MORE MORE MORE. A capitalist _firm_ (whether corporate or 'privately' owned) has to try to grow to stay even -- that is the central dynamic of the system. But individuals within the class don't, and yet many of them do! Many also don't but transform themselves into rentiers, but as the case of Paris Hilton (but also I gather of Paul Allen on a bigger scale) continue to try to enlarge their 'nestegg' beyond reason.

Carrol



More information about the lbo-talk mailing list