Capitalism!? They Should Call it Laborism

Capitalism!? They Should Call It Laborism

I was at a cocktail party when I was introduced to Alan Greenspan, when really, I knew exactly who he was – he was the man who pulled the plug on all of my investments back in 2001, forcing me out of my retirement and back to Work. And he knew who I was – one of the millions he had deliberately sent back to work. He knew that from the frown I had on my face.

Anyway, he had a few drinks and did not mind explaining himself. It seems that back during that wonderful Bull Run a huge portion of the Labor Force, both White Collar and Blue, were retiring, that is leaving the Work Force. People’s investments were doing so well, that what did anybody really need to go to work for? What was happening was that the Economy was truly becoming a Capitalism, that is, a great many people were about to make their sole livings from being Capitalist Investors.

So Greenspan pulled the plug.

The way he sees it, is that somebody has to do the ‘work’. For all the talk about “money” working for one – “putting money to work” and all of that – well, money actually can’t get much work done by itself, but only if it is paid out in wages. In this regards the Capitalist System relies entirely upon Labor. We should be calling it “Laborism”.

Says he.

I contend that anything people can do, machines, and computers, can do better. The day is fast approaching when Machine Work and Automated Process will be cheaper, faster, better then any Labor and then only those with Capital Interest in the Machines will have any income, and those who rely only upon their Labor as an exchange for income, well, they will be particularly out of luck. The “Terminator” Technologies will not have to go to War with us, but will only need to take our jobs, and then we will fade away in an inevitable starvation. Indeed, I pointed out to Alan that rates of Production were multiplying out of any proportion to Labor’s involvement in the Economy, indicating that production is growing ever increasingly independent of whether or not there are workers available or not.

He told me he could not understand my reasoning, and so I told him that he must be growing senile that that he should consider retiring. Well, he took my advice on one thing.

Wow...you talked to Alan Greenspan. My curiousity is piqued. Where can we get the complete story telling what you've been doing all this time?

You know, this topic kind of relates to illegal immigrants. Since I always hear that they do our cheap labor.

It's too bad you have to come out of retirement.

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Originally posted by Inverting_world_lines
Wow...you talked to Alan Greenspan. *My curiousity is piqued. *Where can we get the complete story telling what you've been doing all this time? *

You know, this topic kind of relates to illegal immigrants. *Since I always hear that they do our cheap labor. *

It's too bad you have to come out of retirement.

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Honestly!

Think about it for a second. It is only CHEAP LABOR because they bring in people who are willing to work for practically nothing. If they were not available, then they would have to pay actual living wages to get the job done, or they would find a machine to do it almost as cheaply.

But we must stop passing around the silly argument that Immagrants do jobs that Human Beings will not do. The Truth is that Anybody would be willing to do Anything as long as the Pay was right.

Honestly, Labor should organize and then go out rioting, ready to ruthlessly slaughter anybody willing to work for less than $20 an hour. We will have decent wages only when people will stop accepting employment for less.