Rigby5
Diamond Member
From my understanding it is that the left believes that the people as a whole generate the economy with needs which is then exploited by a few.
The Right wing believes that a few people with ingenuity create products and jobs that people want to buy.
To me...they are both right and wrong all at the same time.
Left stresses community responsibility and the right stresses individual responsibility.
Again both right and both wrong at the same time.
So there's no way I can pick one side or the other without being wrong. But I do think that together, the left and right make an unstoppable team.
I think it is a little less balanced than that.
I think it is still the people who also do all the work to produce the products as well, and the only thing the wealthy elite do is horde the capital needed to build the factories.
Before the industrial revolution, it was more work producing things one at a time with cottage industries, but the poor workers were the means of production entirely then.
What the industrial revolution did was put all the cottage industries out of business because things like big steam powered looms cut production costs in half, IF you could afford the machines. So it was not a question of ingenuity, but simply of who controlled the excess capital?