From: Maoist Internationalist Movement <mim3-AT-blythe.org>
Subject: Re: US Profits
Date: Mon, 19 Aug 1996 12:31:30 -0400 (EDT)


Yes Mr. Henwood, the rest of the social-patriotic
labor aristocracy worshippers on this list are
waiting for you to bail them out on the numbers.
Why not explain how exactly those profits are NOT
completely derived from Third World workers
first of all and secondarily the immigrant and
internal semi-colonies internal to u.s. imperialism?

Are you meaning to tell us that u.s. imperialism
owes the superexploited Third World and exploited
and oppressed internal semi-colonies less than
the profits listed below? That some of that comes from
the white workers as unpaid labor? Or is it that you
agree with MIM scientifically, but you don't give a damn
about reparations, so you proceed representing the
labor aristocracy?

You are on record saying
the Third World produces little value while
of course sidestepping what we said about
oppressed nations within U.S. borders. We've
already proved that it's impossible for these
profits to come from anywhere but the Third World
and internal oppressed nation workers, but go ahead
and prove that they do come from white workers.
Whether you ignore the question or mangle it,
you will only prove your political bankruptcy.

Lay it out how much you think is owed the
Third World workers and how much is owed immigrant
and oppressed nation workers of imperialism out of the
profits and excess executive compensation. We at MIM
are confident it exceeds 100% of below.  But go ahead
Doug; prove your point.


PROFIT RATES, U.S. NONFINANCIAL CORPORATIONS

          before-  after-
            tax    tax
    1945   13.1%   5.6%
    1946   12.6%   7.7%
    1947   13.8%   8.7%
    1948   13.7%   8.7%
    1949   10.7%   6.7%
    1950   14.5%   8.1%
    1951   13.2%   6.1%
    1952   10.8%   5.2%
    1953   10.7%   5.1%
    1954    9.6%   5.0%
    1955   11.5%   6.0%
    1956   10.3%   5.4%
    1957    9.2%   4.8%
    1958    7.7%   4.0%
    1959    9.4%   4.9%
    1960    8.4%   4.4%
    1961    8.2%   4.2%
    1962    8.8%   4.8%
    1963    9.4%   5.1%
    1964   10.0%   5.7%
    1965   10.9%   6.4%
    1966   10.6%   6.2%
    1967    9.3%   5.5%
    1968    9.3%   5.1%
    1969    8.0%   4.2%
    1970    6.0%   3.2%
    1971    6.3%   3.5%
    1972    6.7%   3.8%
    1973    7.3%   4.3%
    1974    6.7%   4.1%
    1975    6.1%   3.8%
    1976    7.0%   4.3%
    1977    7.2%   4.5%
    1978    7.3%   4.7%
    1979    6.8%   4.4%
    1980    5.5%   3.5%
    1981    4.9%   3.2%
    1982    3.5%   2.3%
    1983    4.0%   2.5%
    1984    4.5%   2.8%
    1985    3.8%   2.2%
    1986    3.3%   1.7%
    1987    4.5%   2.6%
    1988    5.1%   3.1%
    1989    4.4%   2.6%
    1990    4.4%   2.7%
    1991    4.3%   2.6%
    1992    5.3%   3.4%
    1993    6.1%   4.0%
    1994    7.1%   4.7%
    1995    7.6%   5.0%

Doug

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