Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] The whole point of paying workers well is to keep the system going--in fact, there is a theory in orthodox economics that says this is exactly what "fair" wages do. So as a social justice strategy, wage demands are key. As a social transformation strategy, they are insufficient.

Yet it must be said that this still does not suggest an obvious reason to reject the idea that if workers were paid "fairly"--presumably at least as much as capitalists--then no one would want to be a capitalist anymore, or would have no self-interested incentive to be one, and the whole mode of production would fall apart. In other words, we might use the wage relation to overcome the wage relation. [...]

—p.32 Capitalist Political Economy: Smith to Marx to Keynes and Beyond (17) by Geoff Mann 6 years, 9 months ago