> > I think the issue you raise is important, however, in > terms of the overproduction/underconsumption Marxist > "ping-pong" discussions, and David's question, > I think the literal bottomline is that some corporations > don't get paid , whether for necessary or luxury goods, > and therefore a large chunk of their profits, are not > realized; and thereby there is a diminishing impact on their > rates of profit.
OR, BETTER SAID, AN IMPACT DIMINISHING THEIR RATE OF PROFIT > The important point in the above is that you (Charles) are > measuring > the level of over/underconsumption relative to the level of > production. David measures it relative to the income of the > consumer, > and I measure it relative to whether the consumption was a > necessary > one or a luxury. I think these are all valid, but we may be > comparing > apples and oranges. ^^^^^ CB: Ok by me. I'm a mixed "economist" in a mixed economy. ^^^^^ > > By the way, raghu, have you heard that comedian Jon > Stewart has been putting forth our idea for the feds to pay > mortgage debtors to pay their mortgages to the banks, > instead of paying the banks ? - win-win. > > Yes I did see that. I was impressed with how much the Wall > St greed > has radicalized his views on the economy. ^^^^^^ CB: Hegel has a thing about comedic logic being superior to graneloquent logic sometimes. ^^^^^^ > > In Soviet Russia, the television watches YOU! > > > > ^^^^^ > > In the United States, _1984_ has been reversed: they > control you by getting you to > > watch Big Brother, i.e. television - CB 2000 > > > > Or if you are in a "Nielsen household", whenever > you watch television, > it watches you right back.. :) > http://www.iht.com/articles/2008/02/27/technology/nielsen.php > -raghu. ^^^^^ CB: I hope they don't develop a virus to watch us through our computer screens (smile) > Eat the rich, the poor are tough and stringy ^^^^ When the going gets tough, let the rich eat their money. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
