The Global Financial Pyramid Scheme Explained

[loki]

http://www.guardian.co.uk/business/d...ancial-pyramid

[psikeyhackr]

In 1995 the car population of the US passed 200,000,000. I don't know the total for the world or any other country.

But automobiles have this really peculiar characteristic; they wear out. Of course people buy more, but those wear out too. So every time we buy more cars the economists add them to GDP. But do those cars that wore out get subtracted from anywhere?

Guess what? The entire economics profession can't do grade school algebra.

When was the last time you heard them talk about NET Domestic Product?

http://discussions.pbs.org/viewtopic.pbs?t=28529

psik

[amsat]

i agree with that

[ajit8]

Written: 1867;

Source: First english edition of 1887 (4th German edition changes included as indicated);
Publisher: Progress Publishers, Moscow, USSR;
First Published: 1887;
Translated: Samuel Moore and Edward Aveling — edited by Frederick Engels;
Online Version: Marx/Engels Internet Archive (marxists.org) 1995, 1999;
Transcribed: Zodiac, Hinrich Kuhls, Allan Thurrott, Bill McDorman, Bert Schultz and Martha Gimenez (1995-1996);
HTML Markup: Stephen Baird and Brian Basgen (1999).
Download: Macintosh | Windows

Prefaces and Afterwords
Part I: Commodities and Money
Ch. 1: Commodities
Ch. 2: Exchange
Ch. 3: Money, or the Circulation of Commodities
Part II: The Transformation of Money into Capital
Ch. 4: The General Formula for Capital
Ch. 5: Contradictions in the General Formula of Capital
Ch. 6: The Buying and Selling of Labour-Power
Part III: The Production of Absolute Surplus-Value
Ch. 7: The Labour-Process and the Process of Producing Surplus-Value
Ch. 8: Constant Capital and Variable Capital
Ch. 9: The Rate of Surplus-Value
Ch. 10: The Working-Day
Ch. 11: Rate and Mass of Surplus-Value
Part IV: Production of Relative Surplus Value
Ch. 12: The Concept of Relative Surplus-Value
Ch. 13: Co-operation
Ch. 14: Division of Labour and Manufacture
Ch. 15: Machinery and Modern Industry
Part V: The Production of Absolute and of Relative Surplus-Value
Ch. 16: Absolute and Relative Surplus-Value
Ch. 17: Changes of Magnitude in the Price of Labour-Power and in Surplus-Value
Ch. 18: Various Formula for the Rate of Surplus-Value
Part VI: Wages
Ch. 19: The Transformation of the Value (and Respective Price) of Labour-Power into Wages
Ch. 20: Time-Wages
Ch. 21: Piece-Wages
Ch. 22: National Differences of Wages


Part VII: The Accumulation of Capital
Ch. 23: Simple Reproduction
Ch. 24: Conversion of Surplus-Value into Capital
Ch. 25: The General Law of Capitalist Accumulation
Part VIII: Primitive Accumulation
Ch. 26: The Secret of Primitive Accumulation
Ch. 27: Expropriation of the Agricultural Population from the Land
Ch. 28: Bloody Legislation against the Expropriated, from the End of the 15th Century. Forcing down of Wages by Acts of Parliament
Ch. 29: Genesis of the Capitalist Farmer
Ch. 30: Reaction of the Agricultural Revolution on Industry. Creation of the Home-Market for Industrial Capital
Ch. 31: Genesis of the Industrial Capitalist
Ch. 32: Historical Tendency of Capitalist Accumulation
Ch. 33: The Modern Theory of Colonisation
Appendix to the First German Edition: The Value-Form
See Full table of contents listing.
See original German language text at MLWerke.
Political Economists | Study Guide | Reviews of Capital | Marx/Engels Archive
Economic Works | Letters on Capital | Marx-Engels Archive

[TwistBeats]

The Theory on Money and Credit



and

Tragedy and Hope

Maybe its jus me Mr Twist, but I cannot access those pdf's, they come up as a blank page. And yes I have adobe installed

[TwistBeats]

strange, they work for me. maybe try right-click downloading. sometimes i have the same problem on my mac.

Originally Posted by psikeyhackr

In 1995 the car population of the US passed 200,000,000. I don't know the total for the world or any other country.

But automobiles have this really peculiar characteristic; they wear out. Of course people buy more, but those wear out too. So every time we buy more cars the economists add them to GDP. But do those cars that wore out get subtracted from anywhere?

Guess what? The entire economics profession can't do grade school algebra.

When was the last time you heard them talk about NET Domestic Product?

http://discussions.pbs.org/viewtopic.pbs?t=28529

psik

Amen !!!

Preach on brother - preach on !

[ajit8]

http://www.rinf.com/forum/showthread...light=money%3F