If you’re “woke,” you'd better get some sleep, because
everything you say is so stupid that you sound only half conscious. Your
essential complaint about “social injustice” is that capitalists steal their
profits from wages.
In fact, the saving and productive expenditure of the
capitalists show up as wages and expenditure for capital goods, which in turn
show up as costs of production and thus a deduction from sales revenues. This
means a reduction in the amount of profit relative to sales revenues.
For elaboration, see my Kindle essay “Rectifying the Greatest Error in the History of Economic Thought:
‘Demand for Commodities Is Not Demand for Labor’ Versus the Marxian
Exploitation Theory.” 99¢ at https://amzn.to/2mN0GOb.
My essay shows that the original
income of labor was profit not wages, and that capitalists create wages, costs,
and capital and thereby reduce profits relative to sales revenues and capital,
while raising wages relative both to sales revenues and to prices.
Thus, “wokes”—Marxism-inspired
morons—denounce capitalists for creating and enlarging what they in fact
reduce, i.e., relative profits, and for reducing what they in fact enlarge,
i.e., relative wages and their buying power.
Capitalists enrich everyone
through the rise in the productivity of labor they bring about, and which
progressively reduces prices relative to wages, thereby raising real wages, and
making possible shorter hours, better working conditions, and the abolition of
child labor.
On these points, see my Kindle
essay “Marxism/Socialism, a Sociopathic
Philosophy Conceived in Gross Error and Ignorance, Culminating in Economic
Chaos, Enslavement, Terror, and Mass Murder: A Contribution to Its Death.” It’s available at https://amzn.to/2N44uTu.
Price: 99¢.
And see also, my
essay “How the 1% Provides
the Standard of Living of the 99%.” It’s available at http://amzn.to/1Dj8x86 also for 99¢.
As for the issue of racism, that
“woke” people are allegedly so concerned about, what profit-seeking capitalists
discriminate in favor of is that which is the color of money, such as, gold,
silver, and greenbacks.
So, for example, if blacks are
getting paid less than whites for the same work, profit-seeking capitalists
will employ equally good but lower-paid blacks at every opportunity, provided
there are no laws or regulations that threaten them for doing so. Cutting costs
raises profits.
The result is a rise in the
wages of blacks and a fall in the wages of whites. The further result is equal
pay for equal work. (The same applies to the wages of women relative to those
of men.)
For elaboration on the true relationship between capitalism
and racism, read my essay “Capitalism: The Cure for Racism.” 99¢ at https://amzn.to/2Hcquv9.
Just think, for a mere $3.96, you can transform yourself, at least on the major subjects of capitalism, profits, wages, and racism, from
being an ignorant victim of contemporary “education,” into someone with actual
knowledge of these subjects.
I have a new e-book on line at Amazon.com. It’s titled The Benevolent Nature of Capitalism and Other Essays. It sells for just $2.99. Clicking on the title will take you to its location on Amazon, in a separate window. To pique the interest of potential readers, here's my book's table of contents:
PREFACE
I. THE BENEVOLENT NATURE OF CAPITALISM
II. FREEDOM
Freedom and Government
Freedom as the Foundation of Security
The Indivisibility of Economic and Political Freedom
The Rational Versus the Anarchic Concept of Freedom
The Decline of Freedom in the United States
III. CAPITALISM: THE CURE FOR RACISM
A. The Accusations Against Capitalism
B. Capitalism: The Cure for Racism
1. Capitalism and Justice for the Black Worker
2. Black Competition and White Living Standards
3. Capitalism and Justice for the Black Consumer
C. Forcible Obstacles to Black Progress: The Mixed Economy
1. Introduction
2. Antiprofit Legislation and Business Timidity
3. Prounion Legislation
4. Minimum Wage Legislation
5. Public Welfare Laws
6. Child Labor Legislation
7. Compulsory, Tax Supported Education
D. The Mixed Economy and the Living Conditions of Blacks
1. Government Intervention in Housing
2. Municipally Socialized Medicine
3. Municipally Socialized Sanitation Services
4. Franchise and Licensing Laws
5. The Mixed Economy and the Higher Crime Level in Black Slums
E. Conclusion: Capitalism Is the Cure for Racism
IV. EDUCATION AND THE RACIST ROAD TO BARBARISM
The Nature of Western Civilization
The Universalizability of Western Civilization
The Standard for Judging a Civilization: the Objective Superiority of Western Civilization
The New Racism
The Devaluation of Knowledge
Western Civilization and the State of Education
V. WHERE WOULD GENERAL MOTORS BE WITHOUT THE UNITED AUTOMOBILE WORKERS UNION?
VI. GENERAL MOTORS, RIP
VII. THE MYTH THAT LAISSEZ FAIRE IS RESPONSIBLE FOR OUR FINANCIAL CRISIS
Government Intervention Actually Responsible for the Crisis
The Laissez-Faire Myth and the Marxism of the Media
VIII. HOW THE 1 PERCENT PROVIDES THE STANDARD OF LIVING OF THE 99 PERCENT
IX. FREE SPEECH AND OCCUPY WALL STREET
X. GUN CONTROL: CONTROLLING THE GOVERNMENT’S GUNS
ABOUT THE AUTHOR
NOTES
