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Old April 18th 04, 04:32 PM
Judah
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1) I don't seek approval from Marx. Heck! I don't even know the guy!

2) I made no claim whatsoever. My question was, how does one create
wealth out of nothing? Labor is not nothing, but I would contend that it
also does not create wealth. If it did, the manual laborers would be the
wealthy ones.

Most significant assets in the US exist in the form of Real Property
and/or Market Holdings. Since these are relatively fixed assets, the only
way to create wealth in either of these two endeavors is to redistribute
these assets in such a way as you are left with the most money at the
end.

Doug Carter wrote in
:

Judah wrote:
"Steven P. McNicoll" wrote in
link.net:


How, exactly, do the rich get richer without taking other people's
assets?

By creating wealth.

Ex Nihilo?


Perhaps you mean 'Creatio Ex Nihilo', create something out
of nothing.

If so, you claim that the value of labor = zero.

Marx would not approve.