- Capitalism and Alternatives -

Hoover!

Posted by: Red Deathy ( Socialist party, Uk ) on May 05, 1999 at 15:38:05:

In Reply to: crumbs! posted by Gee on May 05, 1999 at 14:43:45:

: Remove legislative obstacles to stock ownership, starting companies etc.

Not good enough, finite owners mean that some can't be owners, we have to universalise ownership.

: Which is invested into the creation of new wealth.

But the whole point is it can't bve, because of market saturation and a declining rate of profit, such money is ploughed back into land, stocks or curency, to try and make another big windfall. they've got money they can't use, so they gamble with it.

: It reflects the value of the investment, ie not much.

Billions can disappear that way, it is damaging.

: Dependin upon which graph you look at. I prefer to look at graphs covering several decades when perceiving trends.

The graph I'm thinking of starts in the 1950's and runs to 1990-ish...



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