- Capitalism and Alternatives -

You have nothing to loose but your privelleges.

Posted by: Red Deathy ( Socialist party, Uk ) on June 30, 1999 at 15:51:07:

In Reply to: Capitalists Unite! posted by The capitalist Pig on June 30, 1999 at 10:21:53:

: Two thirds of U.S. citizens now invest in the stock market. Your proletariat are becoming capitalists.

1:To what extent is market investment replacing bank accounts?
2:Can people invest regardless of whether they have successfully sold their Labour power?
3:Could these people live solely off their investments?
4:What is the proportion per head of ownership? i.e.Are most of the shares (and profits) still in the hands of a tiny numbers of millionaires?

The answers would show that despite their apparent ownership of insutry, most workers are simply saving or supplimenting their wages with investment. They are still dependant upon selling their labour power, and their ownership is largely illusory. power, benefits and influence still remains with a tiny few, and they still remain working class. been over this is Gee, squire.

:The democratization of capital is nearly complete in my country and it is spreading to europe.

Democratisation? Does everyone have an equal say, or do the rich have the biggest say still?

: The workers now own most large companies through stock ownership. The public already owns the means of production. I don't think they will revolt against themselves, do you?

Does the majority of the public own the majority of the shares? Or does a tiny minority? Aren't most shares controlled by investment firms, and pensions groups? They wouldn't be revolting against themselves.

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