A s a capitalist, he is only capital personified. His soul is the soul of capital. But capital has one single life impulse, the tendency to create value and surplus-value, to make its constant factor, the means of production, absorb the greatest possible amount of surplus-labour. Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks. - Marx, Capital, Volume I, Chapter 10 (1867) According to CNN (Isadore, 2022) the oil corporate giants, ExxonMobil and Chevron both reported massive second quarter, three-month profit gains “thanks to record gasoline prices during the quarter”. Exxon's profit, came in at an obscene $17.6 billion, almost double what it made in its very profitable first quarter as oil and gas prices started to surge in the wake of Russia's invasion of Ukraine, according to the CNN wording. Its 2nd quarter profit was up a stunning (to me) 273% from the same period last year. Chevron raked in a $1...
PERCEPTIONS AND THOUGHTS, OBJECTIVE AND/OR POLEMICAL, ON ISSUES OF THE COMMON GOOD