From: Zeus-AT-pseud.pseud
Date: Sun, 2 Feb 1997 19:42:36 +0000
Subject: M-INTRO: clearing things up


I am just peaking through to the world of marxism for the first time 
and find his work fascinating.   One particular facet of Marx's 
writings that I find interesting is that of labor.   I understand Marx's
idea that those who produce labor are not necessarily those who receive it,
and through this system owners and managers are able to exploit the workers by 
taking more than their share - in the form of high wages.  It is my 
understanding that Marx would say that this situation is a result of 
the workers not getting paid enough.  With this in mind I propose 
the following scenario in hopes that someone will help shed some light 
of the matter.  

During the 1980's a huge nuclear power plant was to be built in 
Washington. The Washington Waterpower Project raised several 
billion dollars from investors.  This money was used up in the 
building of the project, which was never completed and went into 
bankruptcy.  My question is this-If owners profits are reducible to 
the idea that workers are underpaid, then would this be a case of 
overpaying the workers?

Any thoughts or suggestions would be appreciated.

Doug Clark
D.Clark-AT-m.cc.utah.edu


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