Re: Capitalism, Private Property, etc (was Re: Sweatshops)

From: Mark Walker (tap@cgocable.net)
Date: Wed Apr 18 2001 - 16:36:34 MDT

From: Michael Lorrey <mlorrey@datamann.com>
> The contradiction is that socialism decries the fact that the
> corporation siphons a part of the laborers productive output to pay
> management and capital, as if this confiscation is some sort of
> injustice. It then goes on to presume that it is perfectly alright for
> society to confiscate the productive output of the laborer. The best
> arguments it can make for such confiscation hinge on 'repaying the past
> generations' for the labor they invested in the current infrastructure,
> while they ignore that this is the ENTIRE purpose for which the cost of
> capital serves. Is this clear enough?
>
Yes, much better. Now I see the contradiction. My only niggling worry is
that a socialists would see these acts as entirely different. The one is an
unjust siphoning of wealth in the interest of the few--the capitalists, the
other a just siphoning in the interest of all.

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