Thread: defence against capitalism

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  1. #1
    Join Date Jan 2015
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    Question defence against capitalism

    Hello people

    Can you recommend me books or weblinks that debunk Milton Friedman, Mises, Hayek and the other radical capitalists from a Marxist point of view?

    Specifically I seek to defend the minimum wage, worker owned enterprises and regulations put in place against abuse by greedy oligarchal influences.
  2. #2
    Join Date Mar 2008
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    This is simply use values vs. exchange values -- apologists for any kind of abstracted valuations (capital / currency / money) will always praise the machinations of the 'invisible hand' instead of looking to mass labor agency as the social force for organizing world production.

    Use values wouldn't even be possible without the role of labor, so why should labor utilization be denigrated for the sake of elevating market-exchanges, while workers continue to be paid less than what their labor value is worth -- ?

    The minimum wage is passé -- you should be making arguments for a *living* wage ($15+ per hour), and arguably for a Universal Basic Income.

    Worker-owned enterprises is just collective self-exploitation, so that's a non-starter.

    And regulations are just the bourgeois state releasing a few more crumbs in the proletariat's direction so as to stave off left-wing militancy and any threats to bourgeois legitimacy.
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