“The existence of the state is inseparable from the existence of slavery." Marx
The Chinese workers produce all kinds of wealth and get wages in return. I wonder what that ratio is nowadays. How much wealth produced in China goes to workers in the form of wages? I mean, the 'Communists' have taken away healthcare and free education, right? Marx thought that workers should inscribe, "Abolish the wage system" on their banners. I agree. BTW, just getting to the chapter on "Value" which you wrote in THE PERVERSE ECONOMY, Michael. God, it's comical. I mean how the official economists can't come up with a definition of value which isn't metaphysical mystification. ;p Mike B) Michael Perelman posted: "China's college graduates on average make only 300 yuan, or roughly $44, more per month than the average Chinese migrant worker, according to statistics cited over the weekend by a top Chinese labor researcher and reported today by the Beijing Times." ""It's the first time China has faced such a situation," the paper quoted Cai Fang, head of the Chinese Academy of Social Science's Institute of Population and Labor Economics, as saying Saturday at a conference on Chinese youth. "It's hard to say how long this situation will last." By Mr. Cai's calculations, college graduates have consistently earned around 1,500 yuan a month since 2003. Migrant workers, meanwhile, have seen their monthly wages rise from an average of 700 yuan to 1,200 yuan over roughly the same time period, Mr. Cai said, according to the Beijing Times." Chin, Josh. 2010. "Value of a Chinese College Degree: $44?" Wall Street Journal China Realtime Report (22 November).http://blogs.wsj.com/chinarealtime/2010/11/22/value-of-a-chinese-college-degree-44/# *********************************************************************** "With the seizing of the means of production by society production of commodities is done away with, and, simultaneously, the mastery of the product over the producer." Engels http://wobblytimes.blogspot.com/ _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
