Marx was big on the innovative power of capitalism - both its penchant for
creating new technologies and new wants. It's not hard to relate that to a
theory of job creation, even though many Marxists seem temperamentally
inclined to emphasize destruction.

For a system of thought that thinks of itself as offering a better
understanding of capitalism than offered by bourgeois theory, it'd be pretty
odd not to have a theory of job creation. Schumpeter's "creative
destruction" has suffered from criminally excessive quotation, but it is
shorthand for a theory, and one that's entirely consistent with Marx(ism).


Doug


^^^^^^
CB: On Marxists having a theory of job creation, there's variable capital
and constant capital.  Variable capital is "jobs".  For Marxists, the
capitalists wouldn't have a stitch of profit if they didn't create jobs,
because labor is the source of all exchange-value, and surplus-value is
exchange-value. Isn't this an outline Marxist theory of job creation ?
Capitalists create jobs, wage-labor, because they are the source of all
their profits.

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