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Re: Re: Re: Re: Re: oil and socialism

Because given the limits of technology today, without fossil fuel, we would be
unable to produce a surplus over and above the subsistence needs of workers

Jim Devine wrote:

> At 09:22 AM 11/17/00 -0800, you wrote:
> >Jim, don't underestimate the importance of fossil fuels.  Without fossil fuels
> >there would be virtually no surplus value; thus, no capitalism.
>
> why?
>
> Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine

--

Michael Perelman
Economics Department
California State University
michael@xxxxxxxxxxxxxxxxx
Chico, CA 95929
530-898-5321
fax 530-898-5901
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