Re: Bottom line, both capitalists and workers need each. The capitalist needs workers to produce the goods, but also consumers to buy them. They have a vested interest in a happy, productive workforce and the worker has an interest in having a job.
That's utterly WRONG! Again, you stubbornly stick to the pseudo-rational book of Capitalism.... Capital doesn't need consumers, however, it does need some kind of aggregate purchasing power. So what's the point? Clearly this: Western economies already are ARTIFICIALLY propped up by BORROWED purchasing power. In most European countries, if the STATE bond market were turned off, the whole system would just collapse.... Real estate developers, auto manufacturers, etc. would be thrown out of business if the lack of buying power from households WAS NOT compensated by a trillion-dollar bond market. Same thing in the US: remember, Ron, you're the planet's buyer-of-last-resort, that is to say, no matter how rational your eagerness for consumption is, you just HAVE to grab all the stuff coming from Asia and whatnot, to keep the global fabric up and running....
Indeed, your rationalizing of capitalism might be based on reality, however, your attempt to rest it on a rational theory of sorts is rather based on fantasy.... Of course, I'm perfectly aware that, for the sake of the powers that be, it shouldn't be spinned that way.... The best allocation of resources! Only the bottom line matters! No boondoggle! No Pentagon subsidies! No corporate welfare! Frictionless capitalism! And Wall Street knows it all.... Are you on the dole? Really?! Too bad... But perhaps you're just overqualified --on top of your being an ARROGANT NIGGER! LOL!
Gus. |
