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Profit is a share of gross income. If "the search for profit" is the one true cause of inflation in a capitalist monetary production economy, then "the search for wage growth" would be the one true cause of inflation in a syndicalist monetary production economy.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Fri Nov 19th, 2010 at 09:39:03 PM EST
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