Are you a capitalist? Or, are you labor?
If you are a capitalist you make all your money from interest and or dividends.
If you produce goods or services for a fee, you are labor.
Totally wrong and false dichotomy.
Thread fail.
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Are you a capitalist? Or, are you labor?
If you are a capitalist you make all your money from interest and or dividends.
If you produce goods or services for a fee, you are labor.
Not to mention the fact. That as Labor you can take the money you are paid for Producing, and invest it. thereby earning Interest and Dividends.
So actually in the US most workers are Both labor and Capitalist.
My work is done here.
Not to mention the fact. That as Labor you can take the money you are paid for Producing, and invest it. thereby earning Interest and Dividends.
So actually in the US most workers are Both labor and Capitalist.
My work is done here.
Horse Shit!
First off, while it may be true that during the mid 20th century, incomes some of the workers increase enough that there was some capital investment by workers, the past 30 years has seen a gross decrease in the real incomes of workers, while there has been a steady increase in the cost of living. The amount that workers can invest nowadays ranges from negligible to none.
Secondly, given the major costs centers (i.e. education, healthcare, retirement, etc.), any capital investments made by workers are eventually liquidated and spent. No real and lasting capital accumulation occurs.
Thirdly, the division of soceity into a tiny priviledged class called 'investors' who's income far exceeds their real productivity, leaving the majority, who are responsible for all productivity, unable to make ends meet is obscene. Working should lead to capital accumulation, but it does not.
Fourth, the gross inbalance of wealth distribution - one that devalues productivity and favors asset ownership - will eventually lead to an ever receding economy - not to mention an ever increased need for government to provideworkers what the economic system has not.
If workers were paid according to their productive value, rather than the minimum that ownership can get away with, workers would retire at 45 and become investors. Instead, despite the incredible increases in worker productivity during the last 50 years, the retiremenet age is going up rather than down, and workers never accumulate capital assets to any meaningful degree.
The capitalist system is the economically advantaged taking advantage of the economically disadvantaged. Ideally, the workers of all levels (white collar, blue collar and professional) should get together and thru collective bargaining, force wages according to productive value. This would only be the employment of the capitalist principal of economic competitiveness. It seems that only airline pilots are smart enough to do this.
The result is that without collective bargaining, this grossly unfair and inbalanced system of wealth distribution continues - the result being that workers elect semi-socialist politicians and expect the government to provide. Not the best solution.
Not to mention the fact. That as Labor you can take the money you are paid for Producing, and invest it. thereby earning Interest and Dividends.
So actually in the US most workers are Both labor and Capitalist.
My work is done here.
Horse Shit!
First off, while it may be true that during the mid 20th century, incomes some of the workers increase enough that there was some capital investment by workers, the past 30 years has seen a gross decrease in the real incomes of workers, while there has been a steady increase in the cost of living. The amount that workers can invest nowadays ranges from negligible to none.
Secondly, given the major costs centers (i.e. education, healthcare, retirement, etc.), any capital investments made by workers are eventually liquidated and spent. No real and lasting capital accumulation occurs.
Thirdly, the division of soceity into a tiny priviledged class called 'investors' who's income far exceeds their real productivity, leaving the majority, who are responsible for all productivity, unable to make ends meet is obscene. Working should lead to capital accumulation, but it does not.
Fourth, the gross inbalance of wealth distribution - one that devalues productivity and favors asset ownership - will eventually lead to an ever receding economy - not to mention an ever increased need for government to provideworkers what the economic system has not.
If workers were paid according to their productive value, rather than the minimum that ownership can get away with, workers would retire at 45 and become investors. Instead, despite the incredible increases in worker productivity during the last 50 years, the retiremenet age is going up rather than down, and workers never accumulate capital assets to any meaningful degree.
The capitalist system is the economically advantaged taking advantage of the economically disadvantaged. Ideally, the workers of all levels (white collar, blue collar and professional) should get together and thru collective bargaining, force wages according to productive value. This would only be the employment of the capitalist principal of economic competitiveness. It seems that only airline pilots are smart enough to do this.
The result is that without collective bargaining, this grossly unfair and inbalanced system of wealth distribution continues - the result being that workers elect semi-socialist politicians and expect the government to provide. Not the best solution.
Another graduate of the Patrice Lumumba Economics Dept.
Hey, dumbshit. Ever hear of pension plans? 401Ks? How much of the stock market comes from those retirement plans done for WORKERS?