[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.



More information about the lbo-talk mailing list