Re: PAY ATTENTION

[clyder@xxxxxxxxxx]

Quoting Tom O'Lincoln <suarsos@xxxxxxxxxxxxxxxx>:

> >>...the total net worth of America's richest people rose 10 percent to
> $955 billion ... A much more interesting statistic therefore concerns the
> actual net income which they derive from their asset wealth, and,
> sociologically, what they actually do with that net income.<<
> 
> I would suggest that the most important thing they do is re-invest it. For
> the bourgeoisie, "consumption is a robbery perpetrated on reproduction",
> hence Marx's famous line: "Accumulate! Accumulate! That is Moses and the
> Prophets." 
> 
> This is why the Marxist approach isn't primarily about redistributing
> income, but about redistributing control of the productive process.
>  
You should not assume that they reinvest it just because marx said so.
If you spent a day or so going through the statistics it would be possible
to see if that was true. I would not bet on it though.


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