Return to Index  

Can't recall...

June 7 2002 at 2:01 PM
Jester  (no login)
from IP address 161.184.230.12


Response to Darn, I forget who posited the Iron Law of Wages

 

... but I do remember that Marx thought something very similar. That's what his "crisis of overproduction" was all about. Sirian says that production is always good. Marx pointed out that if you are producing more and more, employing fewer and fewer people for cheaper, you are impoverishing the many, and only the owners are gaining. So it might be "good", but that really depends on who you are, and what kind of society you want to live in.

Jester

 
 Respond to this message   
Responses

  1. Marx was a Fool - Sirian on Jun 7, 2002, 3:33 PM
    1. Er... - Jester on Jun 8, 2002, 12:29 PM
      1. Re: Er... - Meldor on Jun 8, 2002, 6:13 PM
        1. 2 cents - Ozymandous on Jun 8, 2002, 11:58 PM
     
Find more forums on DiabloCreate your own forum at Network54
 Copyright © 1999-2014 Network54. All rights reserved.   Terms of Use   Privacy Statement  

 
 




     



     
     
(reserved) Other Quick Links - FAQ, History, etc..