give us a break - you wouldn't know what Marxism was if it came up and bit you on the rear end - and you are singularly incapable of understanding the arguments made by Marxists.

Ok, do Marxists oppose cuts in workers' wages by employers?

Why or why not?

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Yes
Because the workers didn't cause the problem - the employers and their political representatives did - let them pay for the bags they made of everything.

Marxists don't oppose wage cuts then? Good to have you on the team.

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you are an even bigger ass than i thought you were - and you still haven't a clue about Marxism.

And I'll edit the typo to keep you happy.

So there wasn't much wrong with my opening statement. Marxists do infact argue against wage cuts.

Marxists argue however that lower wage rates represent an intensification of the exploitation process, and must be avoided at all costs through strong unions or pro-union legislation.

Now for the final part: do Marxists view profits ("surplus value") an a sum earned by not paying workers the full value of their labour? Is this not considered exploitation by Marxists?

I'm not an ass, I just want to prevent 1930s style mass unemployment from occuring.

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We can't. We can all see it coming. We've seen proof of how and why it will happen from historic trends yet out politicians, who are terrified of doing nothing, will continue to do something, with our money, time and time again until it all goes tits up and we pay an ever greater price than we should have to.

Eh when you've been watching the situation as long as I have you get to see grubby paws in places they should not be. Google the Glass-Steagall act, what it did to protect the markets, who was lobbying for thirty years to get it repealed, and who had an illegal merger with Travelers insurance months before the act was even cancelled. Also for yucks look up the cross fertilisation between the board of said company and the head of the regulatory authority in the states at the time. That should get you started, and I do mean started.

The funniest thing about this whole free market madness is the cognitive dissonance involved; ultra free marketeer Bernanke, who actually had the gall to apologise for the policies of FDR during the depression, is head of the much-reviled-by-free-marketeers Fed, following directly in the footsteps of his buddy Greenspan.

I mean can nobody else see the humour in that.

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Our problems are caused by greed and a failure to properly control those who are full of it. You repeatedly propose that the individual should be allowed to 'get away' with whatever they can. Exploitation of the weakest by the strongest is fair game in your world, hence your silly dislike of Trade Unions. We are a collective and within that collective we thrive and prosper. At some point the penny will drop and Madame Guillotine will be dusted off to get the greed merchants off our backs.

I disagree. Our problems were caused by extremely loose monetary policy and low interest rates.

Define exploitation.

My dislike of trade unions stems from the fact that they often keep wages above market clearing levels and lobby governments to keep out competition, thus creating unemployment. This is bad, especially in a recession.

I have no problem with voluntary unionism.

Define collective.

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