- Capitalism and Alternatives -

Monopoly

Posted by: Stoller on November 30, 1999 at 18:58:54:

In Reply to: Marxism, and other Purple Dinosaurs posted by Dr. Cruel on November 30, 1999 at 10:29:16:



DC:
In war-torn Leningrad, the city was surrounded by the evil Hitlerites, supposedly to be starved into submission. At the time, food was particularly valuable...

Stoller:
Monopoly conditions ALTER the LTV (which was predicated upon competitive capitalism)---as anyone who actually read Capital will surely recall...

: Food in a city under siege is not a commodity under 'monopoly' conditions. It is rare, far less available than the demand would warrant.

That's a beautiful example of card-stacking there, Doc.

Is not something 'rare, far less available than the demand would warrant' IN FACT monopoly?

Marx: '[Monopoly is] a price only limited by the state of demand, i.e., of demand backed by ability to pay...' (Theories of Surplus-Value, Progress 1968, p. 332).

: P.S. It would seem that you fare poorly in this "debate". Perhaps we should switch sides; at least then you'd have the possibility of working from a position of self-evident fact.

I couldn't keep up with your concatenated, twisted chain of non-sequiturs and contradictions, Doc...




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