In a message dated 11/26/2010 8:20:46 P.M. Eastern Standard Time,
_pegdobb...@gmail.com_ (mailto:pegdobb...@gmail.com) writes:
So am I to hope my children are less bamboozled by SW than we by SV? My
son tells me Netflix is useful to him and has higher earnings(that's SV,
right?) than USS
What did Marx write on the prospect of political and economic transition
between capitalist and communist society?
Quote
The question then arises: What transformation will the state undergo in
communist society? In other words, what social functions will remain in
existence there
WL:
The quality that has changed is the substance of modern finance capital
that is outside of and evolves based on detachment from production of surplus
value.
...
Wealth today is a very super symbolic abstract thing not riveted to gold or
any tangible.
This is the change.
About the only thing Time is good for now--reading online articles I
can remember reading in my father's copy of Time back in the 70s.
Looks a lot like QE2 to me. Now instead of pegging the dollar to some
sort of imaginary value of gold, we have pegged the value of gold to
the dollar (and the
