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5 Comments
Redsays...Ricardo explain why it is that way in is chapter on Machinery ch.XXXI
http://books.google.fr/books?id=iUUJAAAAQAAJ&printsec=frontcover&dq=david+ricardo&lr=#PPA466,M1
quantumushroomsays...^ I'm not against taxes, just excessive taxation. The wealthy already pay most of the taxes in America. BTW if you really are a (large or small-c) Communist, K. Marx thought the System could run without profits.
Did he ever realize his folly?
Redsays...Dont know where you read that. Actually Marx thought that the falling rate of profit would put an end to capitalism
quantumushroomsays...I don't think history has proven Marx right.
As a hopeful point of agreement, in approx. 100 years, with the widespread use of nanotechnology, the means of production will be universal.
siftbotsays...Moving this video to quantumushroom's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.
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