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fasttense

(17,301 posts)
2. I think you need to re-read Marx
Mon Oct 5, 2015, 12:47 PM
Oct 2015

He addresses the transfer of wealth throughout the globe. True it didn't travel as quickly back then but it did move around a lot.

This supposed over supply of labor is part of the built in antagonism between workers and employees. To say Marx doesn't address it clearly indicates you do not understand how Marx defines labor.

So many capitalist think automation is just so over powering today. But the truth is there is plenty of manual labor being done in factories and fields. It just not being seen by people in the middle class and rich in the US and other rich nations. It's being done by millions of Chinese, Indians, and other underpaid labor. The capitalists have moved most of the heavy labor jobs out of sight.

Marx has put togeather a well developed analysis of capatalism that is still relevant today.

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And, I may be off-base with this; but ... 1StrongBlackMan Oct 2015 #1
Well, one hundred fifty years is a cloudy lens to look through, rogerashton Oct 2015 #3
I think you need to re-read Marx fasttense Oct 2015 #2
As fasttense says, it would help rogerashton Oct 2015 #4
Thank you for your answers no more banksters Oct 2015 #5
Mmm. Starry Messenger Oct 2015 #6
Theories on overproduction, monopolies, crisis - TBF Oct 2015 #7
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