Who reads volume III? Me! Avid communists mostly just read the Communist
Manifesto -- or just the first and last paragraphs of the CM.

On Tue, Aug 30, 2011 at 9:35 AM, Harry Pollard
<[email protected]>wrote:

> Ray,
>
> Marx had it right in Volume III of Das Kapital ("Capitalist production as a
> whole."). Not that anyone reads Volume III. Mostly, avid communists read a
> condensation of Volume I and learn about the siphoning off of "surplus
> value".
>
> In Volume III, Marx pointed out that the Industrial Revolution was financed
> by the rents of the large landowners. So the capitalists - factory managers,
> directors, and suchlike - were attacked but not the people who, in the
> background, really owned the capital - the landlords.
>
> He also importantly pointed out that "surplus value" inevitably disappeared
> into rents.
>
> But, then, as I said, who reads Volume III?
>
> Harry
> \\\\\\\\\\\\\\\\\\\\\\
>
>
> On Mon, Aug 29, 2011 at 11:24 AM, Ray Harrell <[email protected]> wrote:
>
>> The Arts have been in an equilibrium depression since 1929.    The problem
>> of cost exceeding surplus or productivity lag is not the problem here
>> however.   The problem is one group of people who are feeding off of the
>> rest of the world.    That’s an older problem.   More like the Europeans
>> feeding off of the Native populations during empire.   Obama and Krueger
>> could do something but they would have to be revolutionaries of the type of
>> the early FDR.****
>>
>> ** **
>>
>> REH****
>>
>> ** **
>>
>> *From:* [email protected] [mailto:
>> [email protected]] *On Behalf Of *Keith Hudson
>> *Sent:* Monday, August 29, 2011 11:39 AM
>> *To:* RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION
>> *Subject:* Re: [Futurework] President Obama will nominate Alan Krueger
>> chairman Council of Economic Advisers.****
>>
>> ** **
>>
>> And Alan Krueger, employment specialist though he might be, will no more
>> be able to create jobs for America than Austan Goolsbee did.
>>
>> Most economists, politicians and senior civil servants cannot conceive of
>> the possibility that most of the Western advanced world is now locked into a
>> particular urban way of life in which there is no space, energy or daily use
>> of time for significant new consumer products -- even if they could be
>> imagined. As it is, there is nothing new on the horizon that can be remotely
>> compared with the significance that the radio, car and television had. These
>> are just three of the long line of unique consumer goods -- the buying power
>> -- that motivated the industrial revolution of the last 300 years. During
>> that period there was always a tangible item that individuals at every
>> social level aspired to possess. Today, there isn't such a list. As far as
>> products in daily use are concerned (repeat: in daily use) even the poorest
>> in an advanced country can enjoy much the same as the richest.
>>
>> We've almost certainly reached a steady-state economy. It hasn't been
>> planned but it's been initiated by the breakdown of the credit system. Of
>> course, President Obama will never dare say so, nor will any other president
>> for at least another generation. By this time, if governments are going to
>> exist at all in the form that we know them today, politicians will be
>> seriously thinking not how to create jobs but how to educate children and
>> young people in order to share the highly specialized jobs that remain once
>> our manufacturing, transport and retailing systems have become largely
>> automated.
>>
>> Keith
>>
>>
>>
>>
>> At 15:14 29/08/2011, you wrote:
>>
>> ****
>>
>> Content-Type: multipart/alternative;
>>          boundary="----=_NextPart_000_0007_01CC6634.7A651840"
>> Content-Language: en-us
>>
>> ****
>> Obama to name Krueger for key economic post****
>>
>>
>>
>> *by* msnbc.com news services  •  Aug. 29, 2011 Read 
>> Later<http://www.readability.com/articles/okbolvvf?legacy_bookmarklet=1>•
>>
>> Jon Roemer  /  Princeton
>>
>> President Barack Obama will nominate Princeton University’s Alan Krueger
>> to be chairman of the White House Council of Economic Advisers.
>>
>> WASHINGTON ­ President Barack Obama will nominate Princeton University’s
>> Alan Krueger to be chairman of the White House Council of Economic Advisers,
>> a White House official said Monday.
>>
>> If his nomination is confirmed by the Senate, Krueger will succeed Austan
>> Goolsbee in the White House economic post. Goolsbee left the position
>> earlier this month to return to his teaching post at the University of
>> Chicago. The departure was a blow for the White House as Goolsbee had been a
>> high-profile spokesman on the economy.
>>
>> *A labor economist, Krueger is likely to provide a voice inside the
>> administration for greater action to bring down unemployment and deal with
>> the problem of long-term joblessness, according to The 
>> WallStreet<http://www.msnbc.msn.com/id/44311574/ns/business/>
>> 1<http://www.readability.com/articles/okbolvvf?legacy_bookmarklet=1#rdb-footnote-1>Journal.
>> *
>> Krueger served as assistant Treasury secretary for economic policy during
>> the first two years of the Obama administration, meaning he has recently
>> cleared the sometimes treacherous Senate confirmation process, the Journal
>> noted.
>>
>> *The Krueger decision comes as Obama prepares to unveil a jobs package in
>> a speech planned for shortly after the September 5 Labor Day holiday.
>> *
>> With U.S. unemployment at a stubbornly high 9.1 percent and amid fears the
>> economy could slide back into recession, Obama is under pressure to show he
>> is doing all he can to bolster growth.****
>> ------------------------------
>>
>> ** **
>> References****
>>
>> ** **
>>
>>    1. 
>> ^<http://www.readability.com/articles/okbolvvf?legacy_bookmarklet=1#rdb-footnote-link-1>WallStreet<http://www.msnbc.msn.com/id/44311574/ns/business/>(www.msnbc.msn.com)
>>    ( http://www.msnbc.msn.com/id/44311574/ns/business/ ) ****
>>
>> Share
>> ·          ****
>>
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>>
>> _______________________________________________
>> Futurework mailing list
>> [email protected]
>> https://lists.uwaterloo.ca/mailman/listinfo/futurework****
>>
>> Keith Hudson, Saltford, England http://allisstatus.wordpress.com/2011/08/
>>   ****
>>
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-- 
Sandwichman
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