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View Diary: Profit Over People: The Immorality of Capitalism (14 comments)

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  •  Unfettered capitalism is destroying America (2+ / 0-)

    Millions have lost their jobs and their homes.

    With one and a half million American children now homeless, reporter Hilary Andersson meets the school pupils who go hungry in the richest country on Earth. From those living in the storm drains under Las Vegas to the tent cities now springing up around the United States, Panorama finds out how the poor are surviving in America and asks whatever happened to Barack Obama's vision for the country.
    •   Surplus Value (4+ / 0-)

       The new value which is created by workers in excess of their own labor costs is appropriated by the capitalist as gross profit and is the basis of
      capitalist accumulation.
      In short, capitalist do not create wealth!  They appropriate it using
      the sweat and blood of wage-labourers.
        The following URL contains the
                 Commodity -- Money -- Comodity
                                   C -- M -- C
        explanation of the circulation or exchange  of commodities and money...
        "The despotism of capitol over labour is the condition of their own
        parasitical existence."
      - Karl Marx

      ! The swinistic greed and racial hatred of the American ruling elite is abysmal !

      by joe wobblie on Thu Feb 16, 2012 at 07:24:25 PM PST

      [ Parent ]

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