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![]() "Capt. JG" wrote in message ... "Gilligan" wrote in message news ![]() "Capt. JG" wrote in message ... Try reading Das Kapital and get back to us. I've read a good portion of it. 2 semesters of Marx/Engels as an undergrad. My argument about organizing, allocating capital and labor and assuming risk as having value exposes the flaw of Marx's central thesis in Das Kapital. The "profit" is the market value of the capitalists work. Even more fundamental is Marx's assertion that labor and capital work against each other. I do not suscribe to that malevolent view at all. People individually and voluntarily enter into contracts with each other. Both sides must agree to terms. Marx's views best describe the workings of labor unions which are self defeating and exist only by force/government legislation. Perhaps you haven't read enough, or perhaps your comprehension level is low. Marx is a tough read in some respects today because his idealized theories don't work well in the real world. Tell me were I'm wrong rather than fling insults. I've pointed out exactly why his theories don't apply to the real world. All theories are idealized, that's what a theory is. The idealization is a set of limiting boundaries in which the theory applies. Marx argued about classes and completely disregarded the actions and desires of the individual. The rise of labor unions in the US were a direct result of poor management, and had little gov't envolvement except as an afterthought. Read he http://www.mises.org/fullstory.aspx?Id=1685 You understand that unions are exempt from antitrust acts and can compel people to join them against their will. They can do this as a result of law and it was through these kinds of laws that unions had the most growth. Look for the union label on the baseball bat coming through your windshield! -- "j" ganz @@ www.sailnow.com |
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