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He Explains Capitalism in America..
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<blockquote data-quote="59 Dano" data-source="post: 1810353" data-attributes="member: 23516"><p>Well, he identifies himself as a Marxist...</p><p></p><p>It's clear he's a clown (as all Marxists are) before he gets through the first minute. </p><p></p><p>He argues, somewhat correctly, that rising wages contribute to a higher standard of living. He goes on to state that wages have been essentially stagnant for the last 40 years by whatever yardstick he's using to measure wages. And true to form of anyone who has a soft spot in his heart for Marxist inspired economic theories, he completely ignores the exponential increase in this society's standard of living that has taken place over the last 40 years and wanders off to complain about profits.</p><p></p><p>This guy is pretty bad.</p></blockquote><p></p>
[QUOTE="59 Dano, post: 1810353, member: 23516"] Well, he identifies himself as a Marxist... It's clear he's a clown (as all Marxists are) before he gets through the first minute. He argues, somewhat correctly, that rising wages contribute to a higher standard of living. He goes on to state that wages have been essentially stagnant for the last 40 years by whatever yardstick he's using to measure wages. And true to form of anyone who has a soft spot in his heart for Marxist inspired economic theories, he completely ignores the exponential increase in this society's standard of living that has taken place over the last 40 years and wanders off to complain about profits. This guy is pretty bad. [/QUOTE]
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