- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
You must log in or register to comment.
Finance
Insurance
Real
Estate…the moneyed class made sure that commerce always benefits their own rent-seeking intermediation first…
I quit my job as a caregiver for adults with intellectual and developmental disabilities to make more money… working in retail.
Wait, you just described working in retail. What were you doing before?
It’s retail all the way down.
I mean, at the lowest level, it’s probably just tail
Well, if the workers owned the means of production…
I always want people to realize the true difference in communism and capitalism is that capitalism replaces “the people” with “the 1%” and then they’re interchangeable in everything else. Unfortunately it’s more like 0.01% if we’re being realistic.
The big difference is whether you believe some people are born to be less than others or not, that’s literally the right vs left.
Capitalism is squarely a right wing economic system as there are people born with inherent advantages, more power, from the standpoint of capital simply better. The only reason capitalism affords some sort of upwards social mobility is because of leftist policies, laws, regulations.
Capitalism, like feudalism offers upward mobility by appeasing the established elite. Seriously, nobody is wealthy under capitalism by earning a wage, they’re wealthy by owning the means of production. You either die working class or your betray the class you were born into to use others.
My wife works in a higher-end memory care center as a caregiver, and I can confirm they don’t pay nearly enough.
Might of the middleman leads to the plight of the professionals.
Capitalism is full of contradictions!? No way!! /s
deleted by creator
The common denominator is taxes. There is this unit circle visual that shows half of your work value taken from you directly by taxes, and prices are twice what they want to be (indirectly paying others taxes)… so an individual “feels” only 1/4 economic effectiveness, or 3/4 oppressed.
*Half of what is left after the CEO and shareholders take their cut. Taxes are a drop in the ocean compared to the excess labor value that is extracted before you even see a penny.
Yes, corporate overhead is quite real, but it is literally zero effect for the self-employed… so by your logic all would be or become so to be rich by avoiding a CEO altogether.
Are you seriously suggesting that all it should take to become rich is to do freelance work?
The way people actually get rich is by exploiting the labor of others. Freelance work is only practical in very specific niches, and even then you’ll be forced to compete with conglomerates that have far greater resources.
I would love to see the math behind that. Typically it’s a case where someone is effectively paying 25% of their income to taxes, but because they are too lazy to actually understand how taxes work they are easily convinced it’s well over 50%
Cool, now how much of your work value is taken by people who did nothing but invest the generational wealth they got from their great great grandad laying claim to common natural resources? Surely that’s the bigger concern since it goes to rich peoples’ yachts instead of public services.
That depends on if you refer to banking or inflationary spending.
Both are spending appropriated by elected representatives in Congress. I’m referring to the portion of your work value that goes directly into the pockets of unelected capitalists.
Lmao, no. Not without sources.
Yes, the famous oppression of roads, schools, non-for-profit admin, and health care.