Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I give another concrete example. If you buy something you need from the markets and the price of that object is it's production costs, you then receive your own labour value in exchange to other people's labour value.

However, if you pay 50% of your labour incomes rent and interest and other financial costs, you receive only 50% of your labour value from the markets.

All we need is to liberate ourselves from these unearned increments (rentiers and monopolists) and with modern technology we all could live free, equal, just and wealthy life.

by kjr63 on Sun Aug 21st, 2011 at 08:47:34 AM EST

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