The idea is that, if we use some of this wealth for others instead of our own “self” or ourselves, only keeping it in our class – which is to say our transnational elite – the result is capitalist. The result that occurs from such a sharing of the wealth is a trading situation. It’s a trading/capitalist situation. It’s a new type of trading situation, but it is one. I hope this clarifies some of the material in the August 10th post.
A world scale transfer of some fifteen to thirty per cent of the wealthy country sector wealth (in the form of real items, not financial abstractions) is a trading situation and a capitalist situation.
Thursday, September 3, 2009
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