Karl Marx/Benjamin Franklin Mashup
Karl Marx/Benjamin Franklin Mashup
Capital itself is the moving contradiction, in that it presses to reduce labour time to a minimum, while it posits labour time, on the other side, as sole measure and source of wealth. Remember that time is money. Hence it diminishes labour time in the necessary form so as to increase it in the superfluous form; hence posits the superfluous in growing measure as a condition – question of life or death – for the necessary.
He that can earn ten shillings a day by his labour, and goes abroad, or sits idle one half of that day, though he spends but sixpence during his diversion or idleness, ought not to reckon that the only expense; he has really spent or rather thrown away five shillings besides. On the one side, then, it calls to life all the powers of science and of nature, as of social combination and of social intercourse, in order to make the creation of wealth independent (relatively) of the labour time employed on it. On the other side, it wants to use labour time as the measuring rod for the giant social forces thereby created, and to confine them within the limits required to maintain the already created value as value. In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words, industry and frugality.
Waste neither time nor money, but make the best use of both. Forces of production and social relations – two different sides of the development of the social individual – appear to capital as mere means, and are merely means for it to produce on its limited foundation. In fact, however, they are the material conditions to blow this foundation sky-high.
Truly wealthy a nation, when the working day is 6 rather than 12 hours. He that gets all he can honestly, and saves all he gets (necessary expenses excepted) will certainly become rich; if that being who governs the world, to whom all should look for a blessing on their honest endeavors, doth not in his wise providence otherwise determine. Without industry and frugality nothing will do, and with them everything. Wealth is not command over surplus labour time (real wealth), but rather, disposable time outside that needed in direct production, for every individual and the whole society.
6 rather than 12 hours. He that gets all he can honestly, and saves all he gets (necessary expenses excepted) will certainly become rich; if that being who governs the world, to whom all should look for a blessing
”
got it
!
we’re not hoping to be the 12 hour per day banana worker for a Banana Republic. we not looking to be 12 hours per deim worker for the soybean Republic that ships soybeans to China. no! we are looking to be the 6 hour per day bankers who export a strong currency to the entire world. We looking to be the bankers for the planet.
no! we do not have a trade deficit. we have a trade balance. we export dollars for teddy bears from China and Machine Tools from Germany. we’re always in a trade balance.
here is how it works. when you give a gift card from Walmart, the gift card that we give is only good at Walmart this is better than a gift card from RadioShack you see how this works?
the RadioShack gift card it’s not good anywhere because Radio Shack is out of business whereas the gift card from Walmart is good only at certain stores, but when we give cash, federal reserve notes, these are good anywhere in the world either through the black market or the legal Market of the country in question.
so long as we maintain the quality of our money/crop, it will be in demand everywhere but the only way to maintain its quality is to limit its Supply. in other words we have to maintain deflation. this then gives us the power to print up money and Export the money at a 99% profit margin. Do you see how wonderful this is, Alice? so long as we protect the quality of our export, our money/crop! there will come a time when the Democrats want to destroy the Advantage we have as the world’s bankers, the Democrats and other Communists.
Good
luck
!
good luck indeed.
i am not sure i understood Sandwhichman (or was it Ben Franklin?)
nor Cidertrades
it seems to me both of them got caught in the fallacy of thinking words are real.. or at best symbols of the real fully able to carry a stream of logic (another word for words) to an inevitable conclusion.
Ben’s words might have done as advice to a young man in 1750, as long as they weren’t taken seriously by old men charged with running a country.
Cidertrades on the other hand washed up on the rocks of the commonist threat to that being who runs the world: money.
no doubt those six hour per day bankers to the world will do well…wherever they live… not so sure about the rest of the workers who can’t get that nice work if you can get it.
not all typos are inadvertent.
not sure i understood Sandwhichman (or was it Ben ”
believe it! when a great man like Ben Franklin speaks in Elizabethan English it sounds less like Old English and more like old gibberish, more like a mishmash of Ben & Jerry’s; yet Ben’s intent is roughly obvious.
https://founders.archives.gov/documents/Hamilton/01-04-02-0099
you just got to cut those old guys more slack since in fact, they had no computers and well — no
YouTube!