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replied 2325d
John_Doe
You created wealth with your work. You exchange it for money which later you exchange for other useful things others created with their work.
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By that logic we wouldn't be able to have computers, since no one can create it alone. We need specialization, but if you specialize, you can't directly create wealth, so no money 4 u?
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Why does someone owning something gets to take the profits when they didn't do any of these things. Workers help capitalist get rich, the capitalist doesn't help workers, he exploits
replied 2325d
It's the company itself that takes the profits. Owning and managing a company is not "doing nothing". The company doesn't exploit them if it pays them.
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Ask yourself this: 2 people, 1 just owns business and pays some manager to manage it for him, another owns same businesses but manages it himself. Which one actually works? 1st or 2nd?
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Its the 2nd of course. Now take profits of those 2 business, both owners get profits, 1st will pay some wage to manager & take rest of profits for himself, but he did NO WORK at all.
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But how did he get to the point of owning a business ?
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Bitcoin's mining, because it uses Proof of WORK principle, enforced by mathematics, is ONLY system that breaks this pattern of Proof of STAKE exploitation (monarchy, capitalism etc)
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How? Having money. But how did he get it? Earned it from his own work? Inherited? Human history is all exploitative, Monarchy, Slavery, Feudalism & Capitalism, all do 1 thing: Exploit.
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That alone shows you that Capitalists DO exploit others, They are not helping anyone but themselves. Workers are making them richer, not other way around.
TrashPosterInTheDark
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Workers are free to not work for them.
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Let the capitalist do all the work himself, see how rich he can get, how many things he can produce. So how about you fuck off with your idiotic comments.
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They are also "free" to starve, right? That is such a stupid and ignorant thing to say, it really is.
TrashPosterInTheDark
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They are definitely free to start their own business. Nobody will stop them.
replied 2324d
Yes, but not everyone can do this. Not everyone has the skill to run a business, or some personal situations prevents it. No one should be exploited & all skills are useful.
John_Doe
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So you admit it takes skill to run a business. I rest my case.
TrashPosterInTheDark
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So because not everyone has the skill to run a business nobody should do it?
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That's not what I said. I said that people should not exploit other people's work as all economic systems to this day, with exception of Communism, are based on that principle.
TrashPosterInTheDark
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And because someone is getting a salary to do some work that person is automatically being exploited?
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You just don't understand how things really work in Capitalism.
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& where does that salary & profits for the Capitalist(s) come from? It comes from worker's productivity. It literally means workers are paying for everything profits & their own wages.
TrashPosterInTheDark
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Right. I fail to see any problem here.
replied 2323d
There is very obvious exploitation, to you and many others (mostly in Capitalist brainwashed society) there is no problem here & according to you capitalist is "helping" people. FUBAR
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Clearly you fail to see that its the workers that are creating wealth for the capitalist and not at all that capitalist is helping the workers. Capitalist is a leach sucking out wealth
TrashPosterInTheDark
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So the capitalist taking financial risks and putting efforts at starting a new business should not get rewarded? Am I getting this right?
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Thats is not what I said, some FINITE reward is fine & deserved, but Capitalism creates "rewards" that never end becoming INFINITE (thanks to inheritance).
TrashPosterInTheDark
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Everything at some point comes to an end.
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Company (its owners) are exploiting as owners don't do anything, workers are the ones doing everything. How can you not see this?
John_Doe
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You just admitted it takes skill to run a business. Saying they do nothing is dishonest.
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Owning is exactly DOING NOTHING. Managing is doing something, true & not everyone has skill to do it, but its not worth so much more than rest of worker skills. ALL SKILL IS NEEDED
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There is no such thing as "the company". Its the PEOPLE that own it... Capitalists (Private ownership, that's what Capitalism is based on). Company is just a concept.
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No, people ORGANISE themselves (like a team), share different tasks as people have different skills,things are thought of, produced, distributed, sold etc because of COLLECTIVE EFFORT.
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Alright so how do you distribute resources created between your team? No one wants to do volunteering. Some might not need the resource they created. Some worked more than others.
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Workplace democracy. Humans do this naturally but capitalism/Feudalism/Monarchy/Slavery prevents this. People should use their different abilities, skills etc & co-operate not dictate.