Re: [OPE] "Parasitism"

From: Gerald Levy <>
Date: Sat Jan 24 2009 - 17:26:49 EST

> The capitalist who actually manages and supervises a production process
> like Steve Jobs
> or Bill Gates till recently, is quite different from the rentier.

Hi Paul C:

Yes, there are different _forms_ of parasitism. Insofar as individual
capitalists are concerned,
there are those who _directly_ live off of the surplus labor performed by
wage-workers and
there are those who _indirectly_ live off of that labor (such as rentiers).
To the extent
that rents are paid by either a segment of the capitalist class or the class
as a whole, then
it represents a deduction from profit and this ultimately has its source in
the extraction of
surplus value by capitalists. As I said before, the prejudice against
rentiers is a prejudice of
capitalists against the landowning class and the 'rentier' section of the
capitalist class.

In solidarity, Jerry

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Received on Sat Jan 24 17:28:38 2009

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