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#11
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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. |
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