I have never thought that the productive/unproductive labor opposition was important -- but I wonder:
Doug Henwood wrote: > > Devine, James wrote: > > >But your book is suggesting that all of Wall Street is > >involved in unproductive labor, Doug. > > But Wall Street is also about arranging the ownership of productive > assets This, precisely, is unproductive labor as Marx describes it: labor iinvolved in the realization and distribution of surplus value. and allocating investment. It's been a few years since I read your book, but I sort of remember it as specifically claiming that Wall Street did NOT allocate investment. Carrol > > Doug
