The banks provide many valuable public services
but there are a lot of activities in the wider financial sector which serve no purpose other than to make money for very rich men. So yeah, I'd agree with the term parasites.
(, Tue 20 Jul 2010, 11:36, Reply)
And the problem with making money is what, exactly?
Christ: I can't believe that an unrepentant Marxist like me is offering defences like this.
But then again, possibly I can. Marxism isn't a moral theory; it's a historical and economic set of theories. There's no morality in it. So... yeah. Ummmmm... Crisis of capitalism, anyone?
That's what Marx got wrong: he thought that crises were fatal, when clearly they aren't.
(
Enzyme is powered by sunlight, Tue 20 Jul 2010, 11:49,
Reply)
if you're selling a good or service, there's nothing wrong with making money.
(, Tue 20 Jul 2010, 12:03, Reply)