WL: The quality that has changed is the substance of modern finance capital that is outside of and evolves based on detachment from production of surplus value. ....... Wealth today is a very super symbolic abstract thing not riveted to gold or any tangible.
This is the change. ------------------------------- Hence the recent oil futures and gold bubbles because parasitic investors were scared shitless about anything linked to actual production that might require THEIR capitalization. What you haven't done is make any coherent argument that would convince me that the substance has changed that much during the past 130 years. Of course there are those who have made the quantitative argument but you didn't do that either here. CJ _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
