> Please, spare Marx from such “friends.”
>
> Production capital good! Finance capital bad! Ugga ugga ugga [scratch
> armpits]. Decadent, pervert financial capitalists forcing their sick
> fantasies down the throats of straight, decent production capitalists
> who make real things for the real world in the real non-travesty free
> market of the Golden Age of sometime-or-other! Ooo yucko!
^^^^^^^ CB: However, Marx didn't exactly throw flowers at the industrial _capitalists_.
An important fundamental idea of _Capital_ is that value is made in production ,not in exchange. A significant proportion of "industrial capital" ( capital not capitalists) is "variable capital". Variable capital is labor, the source of all new exchange-value.