Mises on the commodification of labour

image

Image

Paul Samuelson on Karl Marx – genius or crank

Image

Deirdre McCloskey on Jon Elster and other analytical Marxists

Image

Joan Robinson on capitalist exploitation – the horror, the horror

Image

Capitalists do not exploit workers

Workers exploit capitalists who start businesses that fail. Workers are paid more than they add in labour value to failed start-ups.

  • A self-employed farmer scraping a living with the help of a part-timer is exploiting that worker while a manager who owns no shares on a salary of $500,000 a year is a downtrodden and exploited member of the proletariat!
  • Elite athletes, celebrities and TV and movie stars are the most exploited of all proletarians. Itinerant workers with no income security at all. At the mercy of the selectors, record companies and studios. 15 minutes of fame is fleeting.
  • Many capitalists scrape a living and often go bankrupt and lose their house and marriage after business failures while many workers are highly paid.
  • The university educated are well-paid proletarians with low unemployment rates.
  • How is your superannuation portfolio going? Riding high on the fat of the working class?
  • Pension fund socialism was never a promise of long-run super-normal profits.
  • Despite the majority of labour surplus now going back into the hands of workers in their retirement savings, the share market is still a dog or is it?

Groucho Marx on the economics of Karl Marx

BooksIcon.com

Reading lists

Climate Audit

by Steve McIntyre

New Discourses

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Green Jihad

Your source that tells the truth about the environmentalist movement's holy war against mankind

New Historical Express

(Formerly Hatful of History)

Bowalley Road

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

History of Sorts

WORLD WAR 2,EIGHTIES,MUSIC,HISTORY,HOLOCAUST

Notes On Liberty

Spontaneous thoughts on a humble creed

Tudor Chronicles

News, reviews and talk all about the Tudors

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Karl du Fresne

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Great Books Guy

Reading The Classics

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

@STILLTish. Gender Abolition

Examining Gender Identity ideology and its impact on Women's Sex based rights and Gay Rights. d protections. Exploring how this has taken such firm root in Western societies (Cognitive & Regulatory Capture).

200-Proof Liberals

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

What Paul Gregory is Writing About

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Kids Prefer Cheese

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Offsetting Behaviour

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Adventures of a Tudor Nerd

Exploring the 16th Century and Beyond

Weapons and Warfare

History and Hardware of Warfare

Conversable Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Barrie Saunders

Thoughts on public policy and the media

The Victorian Commons

Researching the House of Commons, 1832-1868

Coyote Blog

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

The History of Parliament

Blogging on parliament, politics and people, from the History of Parliament

Catallaxy Files

Australia's leading libertarian and centre-right blog

Books & Boots

reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

Sex, Drugs and Economics

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Vincent Geloso

Economics, History, Lots of Data and French Stuff

Climatism

Tracking Anthropogenic Climate Alarmism

Point of Order

Politics and the economy

FREEcology

Libertarian environmentalism

Doc's Books

A window into Doc Freiberger's library

Newmark's Door

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Media Myth Alert

Calling out media myths

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

European Royal History

Exploring the History of European Royalty

Tallbloke's Talkshop

Cutting edge science you can dice with

Marginal REVOLUTION

Small Steps Toward A Much Better World

%d bloggers like this: