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Re: [Marxism] 45 percent of world's wealth destroyed: Blackstone CEO
- To: archive@xxxxxxxxxxxxxxxxxxxxxx
- Subject: Re: [Marxism] 45 percent of world's wealth destroyed: Blackstone CEO
- From: "Joaquin Bustelo" <jbustelo@xxxxxxxxx>
- Date: Wed, 11 Mar 2009 20:36:12 -0400
- Thread-index: AcmiqH9Bp518rbsATl6FWCEjPq4MDwAAaLvw
S Artesian replies to my assertion that no real wealth has been destroyed:
"Not exactly the case... some commodities have been destroyed-- their use
value sacrificed on the pyre of exchange value-- i.e. milk dumped in the
streets and sewers, cattle slaughtered....and buried."
S Artesian is of course absolutely right. SOME commodities have been
destroyed, and before this is all over entire factories will be,
million-dollar machine tools sold for scrap metal and so on. But I think
everyone here knows what I was getting at, even if more symbolically than
literally true.
J.
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