[lbo-talk] Capitalism: the Systematic Looting of Society

Bill Bartlett billbartlett at aapt.net.au
Sun Feb 10 22:02:04 PST 2008


At 8:34 PM -0800 10/2/08, Joanna wrote:


>I don't disagree, but don't quite see how that distinguishes capitalist
>societies from any class society where the working class is looted for
>the benefit of the upper class.

The fact that the ruling class has a monopoly of economic power, as opposed to a monopoly of physical force (the state) is the distinguishing feature. Previous ruling classes were the government, not necessarily directly controlling the means of production. The capitalist class has developed a more powerful form of dictatorship, they control through a monopoly over production of goods and services and only use physical force indirectly and as a last resort. Much more efficient.

Bill Bartlett Bracknell Tas



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