Perhaps this monopoly does not depend on money remaining itself a commodity, given Marx's logic, even if Marx could not forsee pure fiat money?
Rakesh **************** and then Doug posted:
[from the Rush & Molloy column in The New York Daily News]
"America is not just a country," Bono said here recently. "It's an idea." ****************
And Joanna posted earlier a piece from "Barron's" entitled, "In Gold We Trust":
>The price of gold surged above US$700 an ounce on Thursday to its highest
>level since May 2006.
********* Haw! And the U.S. dollar is becoming a largely inflated abstraction with the Fed 'pumping its brains out' to the tune of $31.25 billion! Of course, the U.S working class and indeed the working classes of the world continue to be employed producing use-values for sale as commodities with a view to profit. The only solution for this contradiction between use-value and exchange-value will be for those in power to serve their own class interests and unload a bucket full inflated 'fiat' money on proletarian retirement funds, thus saving "the economy".
Well maybe...
Mike B)
Between these two classes a struggle must go on until the workers of the world organize as a class, take possession of the means of production, abolish the wage system, and live in harmony with the Earth.
http://www.iww.org/culture/official/preamble.shtml
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