Profit and loss
Michel Ryckx
michel.ryckx at freebel.net
Sun Apr 29 07:06:20 CDT 2001
> jbor wrote:
>
> > Utopian Marxism and Nazism were ideologies;
>
> At least what Marx and Engels wrote was based on solid thinking; nazism
> was based on prejudices.
>
> > there's no such thing as "market ideology".
>
> I think you're wrong on that one, jbor. 'Free trade' implies contracts;
> a
> contract implies two or more partners, negotiating on an equal basis.
> It is this
> equal basis that does not exist --it is a juridicial fiction. Take for
> instance
> the price of cocoa or coffee. This price is set in London. Nor Côte
> d'Ivoir
> (cocoa) neither Brasil (coffee) are able to influence the price-setting
> of these
> commodities. They both simply have to accept current prices. The price
> of cocoa
> has fallen because of a recent EU-regulation that says chocolate may
> contain 5%
> non-cocoa grease. This has led to a major political crisis in Côte
> d'Ivoir, after
> national income dropped down drastically.
>
> Or take Monsanto: competiton forced a lot of farmers in the US to use
> so-called
> better products with a higher profits and they turned to genetically
> modified
> products; Monsanto's high tech agrarian products (of which we still do
> not know
> the impact on environment) are made sterile: a farmer has to buy the
> seeds year
> after year. He depends on those products.
>
> 'Free Trade' is a myth based on the fiction of equality.
>
> Kind regards,
>
> Michel.
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