[MD] Speaking of intellectuals

[craigerb at comcast.net]

Ant,
That was a well-written excerpt by Tressell.  However, it was a caricature of real economics & did nothing to show that "money is the cause of poverty".  For one thing, the role of money was irrelevant to the story.  Money is just a means of storing value to facilitate exchange. But the main problem with the story was that the generalizations were inaccurate.  Few capitalists are idle & few workers work for mere subsistence.
The real cause of poverty is over-population.  Poverty can best be avoided by keeping the number of people who cannot support themselves to a minimum.
Craig