Libertarian Economic Logic (chart attached)

[Punk]

On Wed, 18 Sep 2019 03:00:58 +0000 (UTC)
jim bell <jdb10987 at yahoo.com> wrote:

> "Surplus value" is a phony, fictitious concept   https://en.wikipedia.org/wiki/Surplus_value   that originated in the mid-1800's, when it was individual physical labor which "made" most products.

	wow - cosmic level of economic ignorance on display. 

>  Then came the Industrial Revolution, when products began to be made mostly, and eventually almost completely, by machines (and later, even robots).  

	everything is made by 'labor' - oh wait, you think that machines magically create and operate themselves?



>  "Workers" want to think they they 'created' the products that the machines and robots actually created. 


	dude, 'workers' created the machines and robots. 


> They want what they call "profit", which is actually mostly the responsibility of hundreds of machines.

	.... this was would be hilarious except for the fact that it's pathetic. 


	rest of garbage ignored. Dude get a couple of books. One on political philosophy, the other on economics.