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Reply #25: Even more - the very value of the machinery is based on the availability of labor. [View All]

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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 03:37 PM
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25. Even more - the very value of the machinery is based on the availability of labor.
The "means of production" itself has value based on the availability of labor. When labor 'compensation' rates go down, the market value of the "means of production" goes up.

This is the "Catch 22" of seducing working people into stock ownership. They get an imaginary 'interest' in oppressing their own 'compensation.'
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