[lbo-talk] some thoughts on the "precariat"

[michael perelman]

The point of the book is the changing social relations.  The illusion
of security disappears and without some kind of organization
individuals must come to grips with their being left adrift.  Mike's
description of the formal relationship still applies.

On Fri, Jan 20, 2012 at 10:17 PM, Mike Ballard <swillsqueal at yahoo.com.au> wrote:
> Capital is a social relation.  Where there is wage labour, there is Capital.  Where a human is obliged to sell labour power to an employing class in exchange for giving up control and ownership over the product of labour, there you will discover Capital.  A proletarian has no security outside of the class conscious solidarity of fellow workers.
>
> Mike B)
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

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http://michaelperelman.wordpress.com