The less dollars in circulation, the greater the demand for dollars in circulation. The more money is hoarded, the more money becomes valuable.
What? Dude, Fiat is printed every fucking day. What the rich capitalists get from profits from work of others is in % more in value of that fiat then what is left for everyone else
That is the basics of Capitalism, not to spend profits but to put it to hire more people, get more profits from more sales & just keep doing over & over. This is how they get so rich.
Why is having more money a problem again? Because there's less for the poor if they have it? Either inflation ensures there is money to pay them or deflation makes it more valuable.
More $ devalues existing $. This prevents poor from saving. While it devalues $ of the rich also, their $ is increasing more then devaluing. It means rich get more % of $ over time.
As I said, if you just spend money you got, you make wealth go back into society, but capitalists don't do that (not all anyway), they use their money to make more of it (% wise).
I saw the post but you are still wrong. You miss the point that even if money is not inflated, capitalist business makes % of wealth accumulate more into hands of capitalist by default
Why does that matter? The poor are never paid less. That only occurs when the company wants to keep more of their profits. Something which isn't possible if employees quit.
Some rich guy coming to town where people are poor, opening some business, hiring them, looks as if rich guy is helping the poor, but actually the poor are making the rich guy richer.
If all of national wealth is 100% then if some person has increasing % of this wealth, they get richer and others get poorer. If you knew Mathematics you would know this.
It is a zero sum game. Person can only get richer IF wealth they have is increasing proportionally MORE then how much total wealth of a nation (or the world) is increasing
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?
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
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.
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?
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.
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)
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.
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.
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.
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.
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.
& 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.
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
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
Thats is not what I said, some FINITE reward is fine & deserved, but Capitalism creates "rewards" that never end becoming INFINITE (thanks to inheritance).
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
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.
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.
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.
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.
If you grew it yourself, no one. But you miss a point: that $1000 already existed, you exchanged value (of something you worked for) of useful product (food) for unit of trade.
Did what exist? Wealth? Food? Wealth is something that is useful, and most of it needs work (food grows on it own) but needs work to plant, water, harvest, distribute etc.
So billion dollars companies managed to exploit workers because they had a useful product. Product they traded for money. Product bought by those exploited workers...
And who built those products? The owners? the CEOs? Don't be an idiot, this is such simple logic to understand, yet for some reason you either don't see it or play dumb.
Poor get paid the same but living cost more as there is more $ in hands of few, they drive prices of everything up. You try quit when you live paycheck to paycheck, see how you go.