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View Diary: Another plea for postcapitalism: Richard Smith in Truthout (77 comments)

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  •  The owning class is always far richer (1+ / 0-)
    Recommended by:
    Egalitare

    than the workers.

    The means of production need not be... (0+ / 0-)

    ...in the hands of a tiny minority in a capitalistic system.

    Only in theory.  In practice, capital is money which makes more money, and so the possessors of capital, having formed a small, oligopolistic financial elite from the beginning, continue to form one today.

    "If you sing a song a day, you will make a better way" -- Earth, Wind, and Fire

    by Cassiodorus on Fri Jan 17, 2014 at 09:39:33 PM PST

    [ Parent ]

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