 |  97397 | May 13, 2006 12:57pm | | "The owner of the means of production is in a position to purchase the labour power of the worker. By using the means of production, the worker produces new goods which become the property of the capitalist. The essential point about this process is the relation between what the worker produces and what he is paid, both measured in terms of real value. In so far as the labour contract is free what the worker receives is determined not by the real value of the goods he produces, but by his minimum needs and by the capitalists' requirements for labour power in relation to the number of workers competing for jobs. It is important to understand that even in theory the payment of the worker is not determined by the value of his product." - Albert Einstein, 'Why Socialism?', Monthly Review New York (May 1949) |
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|  Hamfish | Jan 22, 2007 12:17pm | Keynes and the rest of the capitalist apologist that passed themselves off as economists could have done well to listen Einstein.
It also illustrates what Marx meant when he said "Instead of 'a fair days work for a fair days pay' trades unionists should write the revolutionary slogan of "Abolish the Wages System" on their banners. |
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| | Yariou | Jan 22, 2007 1:21pm | | But then what would they shop with? |
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| | Hamfish | Jan 22, 2007 2:13pm | | Bloodyhell!!! There is life on this forum?? |
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Sponsor |  Laukev7 | Jan 22, 2007 3:06pm | Yay!
(I didn't know Einstein was a socialist) |
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| | Hamfish | Jan 22, 2007 6:48pm | | I didn't either, but it makes sense because he was a clever bugger... and and atheist too!! |
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Sponsor | | Laukev7 | Jan 22, 2007 7:23pm | | Indeed, that I did know, contarily to the claims of the religionists who misquote him to justify their beliefs. |
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| | Hamfish | Jan 23, 2007 2:55am | Well I've never been a great one for paying much attention to religious claims.
I'm with Marx when he says "The first requisite for the happiness of the people is the abolition of religion." |
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| Einstein and the Labour Theory of Value | | |
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