[lbo-talk] Marx on profits
Eric
rayrena at realtime.net
Tue Nov 27 09:52:05 PST 2007
> What has been done to restore profitability or to secure outlets
> for the profitable investment of a mounting stock of idle capital?
> Social democracy and collective bargaining have been scrapped.
> Industries have been restructured to guarantee shareholder value.
True, but of course I won't allow you to get nostalgic: don't forget
that social democracy and collective bargaining were, in their days,
tactics for restoring profitability.
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