-={ARCLIGHT}=- wrote:
chuckmo48 wrote:
I'm sure archie that this vulture company's executives were the ones that put their sweat and tears in making this company...
And you wonder why I call you STUPID.
Do you have no reading comprehension at all.
They RISKED THEIR CAPITAL.
The proletariat is the person who has nothing to contribute but their "sweat and tears".
One would expect commie Marxist, like yourself to understand this.
That's why I address you and UNedgeUKATED as "Stupid", Stupid.
Now that Dumbo has been reelected, you have no prominate Republicans to attack, so you just troll threads until Mommy puts you to bed at 10:30.-={ARCLIGHT}=- wrote:
The executives risked their capital to create business and participate in commerce, thus employing the proletariat union members.
Only management in this case had no "risk of their capital". The CEO and upper management were hired in to run the company. They were not the creators, or in the case of Hostess the Vulture Hedge Funds that bought Hostess debt for pennies on the dollar and then tried to squeeze a profit out of it. They were hired guns with no stake in the company.
You seem to have very little understanding of capitalism in general and even less understanding of Marx.
While Marx was a failure as a philosopher, he was a very brilliant social scientist and economist. He diagnosed the symptoms perfectly, but his solution was an completely wrong.
In mid to late 1800's Europe, the Elite (politicians and crony business owners) had squeezed labor to the point that they were no more than slaves. There was almost no upward mobility among the working class. All the assets of the continent were owned by the few, with nothing more to be created. The rich became richer, with the poor having little to no hope of climbing out of their social status.
150 years later ....and its starting to sound kind of familiar now isn't it? Doesn't matter if you are a Republican or a Democrat.
The only question is if we have learned from the past (I doubt it!!!! because we never do!) that capitalism cannot continue to cannibalize itself until it destroys itself by concentrating power and wealth in an ever smaller group.