Thursday, October 24, 2019

Socialization of necessary v surplus value

Social democracy andvits tax and transfer system Captures and extracts necessary value as well as surplus value To the extent the state supplies pensions and insurance to wage class types This is intra class redistribution The dramatic increase in sales vat and payroll tax shares even as progressive income and wealth tax shares stagnate and or shrink The tax shares of n extracts v s extracts increases