Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 beta 3/9/83; site frog.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!bellcore!decvax!genrad!mit-eddie!cybvax0!frog!tdh From: tdh@frog.UUCP (T. Dave Hudson) Newsgroups: net.politics.theory Subject: requests for carnes (Re: Overlooked Contributions of the Rich) Message-ID: <150@frog.UUCP> Date: Sun, 24-Feb-85 22:54:46 EST Article-I.D.: frog.150 Posted: Sun Feb 24 22:54:46 1985 Date-Received: Thu, 28-Feb-85 01:14:55 EST References: <792@utcsri.UUCP> Organization: Charles River Data Systems, Framingham MA Lines: 18 Keywords: labor_theory_of_value,surplus_value,socialism >From: vassos@utcsri.UUCP (Vassos Hadzilacos) >The auto manufacturer pays wages and gets cars. The cars he >[the (floating) rich] gets are worth more than the wages >he pays (otherwise he would have long ceased to be an auto manufacturer). >Therfore [sic], not only does he not "redistribute wealth" but in fact >appropriates the wealth created by the labour power he hires. 1) I could have sworn someone claimed that socialism had progressed beyond this stupidity (even overlooking who really owns the auto manufacturers). Didn't you? 2) What I have heard called "democratic socialism" here sounds an awful lot either like guild socialism or like syndicalism. The former is where the "workers" in an industry vote somehow to control their organization. The latter is where the "workers" own their organization, sort of a guild socialism without the socialism. Both of these were covered in von Mises' *Socialism*. Would you care to differentiate the one from the others?