- Capitalism and Alternatives -

Realists unite!

Posted by: Samuel Day Fassbinder ( Citizens for Mustard Greens, USA ) on July 05, 1999 at 17:54:45:

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

: Comrade Marcos,
: Two thirds of U.S. citizens now invest in the stock market.

SDF: Evidence please. The highest figure I've been able to find on the Internet puts this figure at 43%, without citing its source.

: Your proletariat are becoming capitalists.

SDF: Merely because employees are granted a pittance of stock doesn't grant them any power over corporate America or any share of its wealth, as displayed even in this pro-capitalist article.

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

SDF: There is no democratization of capital, instead there is a huge concentration of the ownership of wealth, as is to be expected from a society based upon the appropriation of surplus labor by the owning classes.

: Capitalists Unite!!
: The workers now own most large companies through stock ownership.

SDF: How many workers, which companies, with what effect upon the distribution of wealth and power? Care to cite any real statistics?

: The public already owns the means of production.

SDF: Wrong!

: I don't think they will revolt against themselves, do you?

SDF: Ironically, this mirrors the pronouncements of the apparatchiki in the Soviet Union before its collapse. Since the people already owned the means of production in the Soviet Union, they argued, what was there to rebel against?

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