Labor *IS* Capital. nt

[patrice]

[gristy]

1. No it isn't.

[patrice]

4. Adam Smith, in The Wealth of Nations, disagrees with you. And so does Empirical Reality.

[kentuck]

2. Once again...

"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration. Capital has its rights, which are as worthy of protection as any other rights. Nor is it denied that there is, and probably always will be, a relation between labor and capital producing mutual benefits."
-- Abraham Lincoln

[patrice]

3. There is no Capital without Labor.

[question everything]

5. You may have to define labor

Was it labor when Bill Gates and Steve Job came with their Apple and spreadsheet and word processor?

I am just asking.

(and the least, I changed your "less than 0" to 0)

[patrice]

8. .

:crazy:

Labor is what I do.

[ironrooster]

6. what about gambling? Is this not disconnected from labor?/nt

[patrice]

7. To me and some others it is, because we don't gamble.

[JackRiddler]

10. Gambling doesn't create capital, only result in exchanges of existing capital.

[BOG PERSON]

9. Black *IS* White.

Down *IS* Up.

Day *IS* Night.

Etc.

[Tierra_y_Libertad]

11. It's treated as capital and is getting cheaper all the time.

The ever growing unemployment rate the capitalists are, unsurprisingly, exploiting the labor market.

It's a catch-22 "recovery" for the working classes. Either work more for less, or don't work, because there are plenty of folks to replace you with. And, if enough of you are unwilling to work at our price, we'll move overseas and buy labor at half the price.

"Those jobs are gone, boys, and they ain't comin' back." - Bruce Springsteen