• downpunxx@kbin.social
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    1 year ago

    While I’m as pro Union as they come, I do not personally believe Labor Is Entitled To All It Creates, there’s a place for Entrepreneurial, Investment, Ownership and Management cut outs, but I believe these percentages should be strictly monitored and regulated. Thanks for coming to my TED talk.

    • 🇰 🌀 🇱 🇦 🇳 🇦 🇰 ℹ️@yiffit.net
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      1 year ago

      If they actually do any labor in those tasks, then yes. Labour doesn’t necessarily mean the bottom level stuff. Management still takes work. Setting up new businesses takes work.

      Investment and ownership intrinsically aren’t really labor though. Just owning the company doesn’t add anything of value to anyone, and investing is more like a trade agreement. Should be honored, but not necessarily treated the same. Because investment does help create, and the owners presumably have done work to get from nothing to something of value in the first place. Ideally, anyway. This isn’t necessarily true in reality. Plenty of owners inherited, and why should they be entitled just for being born lucky?

      • smollittlefrog@lemdro.id
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        1 year ago

        Many projects take a long time to become profitable. The workers would starve until then.

        Because of that, they need to borrow wealth to be able to keep working on the project until it becomes profitable.

        The concept of lending wealth is therefore necessary.

        Noone is gonna accept the risk of lending out wealth unless they expect some gain, some profit.

        Therefore the workers promise to not only repay the lent wealth but to also pay on top of that, perhaps a share of the project’s profit.

        Hence the concept of profitable investment is necessary.

        • SlikPikker@lemmy.ca
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          1 year ago

          They don’t starve if food production is turned to the goal of feeding humans.

          You think entirely too small.

          Humans made Capitalism, and we can unmake it.

  • Tb0n3@sh.itjust.works
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    1 year ago

    Do you own the machinery that makes what you’re helping to make? Most things aren’t made by your hands alone.

      • Tb0n3@sh.itjust.works
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        1 year ago

        They cost more too. Point is the boss has made numerous monetary investments and you just sell your time to make them work.

        • Semi-Hemi-Demigod@kbin.social
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          1 year ago

          Boss pays other people to build the machines.

          Boss pays other people to gather resources.

          Boss pays other people to run the machines.

          Because The Boss is so hardworking he gets to decide who gets the money.

          This is capitalism.

          • Tb0n3@sh.itjust.works
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            1 year ago

            The boss spends the money and takes the risk. Your risk is screwing up and getting fired, not losing millions of dollars. Easy enough to get a different job if you don’t like it.

            • Semi-Hemi-Demigod@kbin.social
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              1 year ago

              See? Boss Man is putting in big risks. If he loses millions he might only still be a billionaire.

              Me? Well if I lose my job I’ll just become homeless and destitute. I’m barely risking anything.

              Thankfully I just remembered that Boss Man sold shares of his company to other folks so he doesn’t really have any risk at all! Phew! Sure am glad that’s working as designed.

              • Tb0n3@sh.itjust.works
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                1 year ago

                Sorry. I forgot that you’re stuck at one job for life and unable to ever get another one without being homeless.

      • Tb0n3@sh.itjust.works
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        1 year ago

        Would that make you a contractor? You own the tools you use then you can go wherever else. If you aren’t a contractor then refuse and go elsewhere.