Working class but pro capitalist?

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New Member
Feb 22, 2021
Hi all, I'm new here.
Steve, your support of the working class and the rejection of the dogmatic left/right bifurcation is so laudable and refreshing to hear. I was wondering how you square that with Marx's labor theory of value? I believe all realized profit is essentially the capitalist's extraction of surplus value from the working class. I know this is a little bit of an oversimplification, and labor has since diversified since Marx wrote about this, but the core reality remains today - just look at the historical progression of how capital has consolidated. I think the fight against the Party of Davos must include the reality that extracting surplus value is, at its core ,theft. We cannot be afraid to critique capitalism.

I'm a leftist sociology PhD student here, but I appreciate the bravery and intellectual rigor of the deplorables. I love your show and come often to escape the orthodoxy of academia that I'm surrounded in 24/7. I'm also interested on your thoughts of cryptocurrency and its usefulness for the working class. Thanks!

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