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Re: Money & Trees

Warren said:

Of course, in real terms, only those working can save, while those not
working can only consume.


Unless of course if you are a capitalist (owner of capital), in which case, you
can consume and save without working at all.

we should not forget the ownership relations of the capitalist production
system.

best wishes
bill

William F. Mitchell
Director, Centre of Full Employment and Equity
University of Newcastle
New South Wales, Australia
E-mail: ecwfm@xxxxxxxxxxxxxxxxxxxxxxx
WWW Home Page: http://e1.newcastle.edu.au/coffee





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