Explain where I am debasing myself? If you are referring to a company paying me less than they make from me, how do you expect them to make any money, or even break even, if they don’t do that?
If you are referring to a company paying me less than they make from me, how do you expect them to make any money, or even break even, if they don’t do that?
You’re pointing out the fundamental contradiction of capitalism - bosses make a profit by paying workers less than their value - that is the basis of Marxism. We are all extremely aware that your boss needs to underpay you to “make any money, or even break even”. It is literally the reason we oppose capitalism.
So you propose they pay you exactly the amount you make them, and the company goes broke in the process, so now you also make nothing since you don’t have a job?
No, we propose that there not be a group of people (capitalists) who own the business just so they can extract profit from the worker’s labor. The workers should collectively own the firm. We recognize that there are two primary classes in society: those who work for a wage that is less than the value they generate (the working class) and those who own a business and extract profit by underpaying their workers (the capitalist class). These classes are inherently in conflict, and the only resolution to that is socialism, which removes the capitalist class from the equation entirely.
So the people who put in the most risk and started the company get nothing more than someone who joined 20 years later? How do you expect companies to get created if the owner constantly loses more and more of their company the bigger it gets? Why risk any of this money in the company when it isn’t even his anymore?
The fact that you willingly debase yourself like this says everything that is needed to know about the system we live under.
You are better than this.
they should be but they aren’t
Explain where I am debasing myself? If you are referring to a company paying me less than they make from me, how do you expect them to make any money, or even break even, if they don’t do that?
Care to elaborate about whatever point you are making?
Fundamentals of Marx: Surplus Labor and Value. (video is only 10 min long)
E: This one goes into more depth, is a bit more polished of a production, and is 17min: Marx’s Law of Value: Intro to Marxist Economics | Socialism 101
You’re pointing out the fundamental contradiction of capitalism - bosses make a profit by paying workers less than their value - that is the basis of Marxism. We are all extremely aware that your boss needs to underpay you to “make any money, or even break even”. It is literally the reason we oppose capitalism.
So you propose they pay you exactly the amount you make them, and the company goes broke in the process, so now you also make nothing since you don’t have a job?
No, we propose that there not be a group of people (capitalists) who own the business just so they can extract profit from the worker’s labor. The workers should collectively own the firm. We recognize that there are two primary classes in society: those who work for a wage that is less than the value they generate (the working class) and those who own a business and extract profit by underpaying their workers (the capitalist class). These classes are inherently in conflict, and the only resolution to that is socialism, which removes the capitalist class from the equation entirely.
So the people who put in the most risk and started the company get nothing more than someone who joined 20 years later? How do you expect companies to get created if the owner constantly loses more and more of their company the bigger it gets? Why risk any of this money in the company when it isn’t even his anymore?
What’s the risk they take? Will they be killed if their business fails to turn a profit?
Oh no, they’ll might have to work for a wage like the people they were exploiting.
They’ll get as much as they continue to put in.
State and worker directed capital funds that vet and invest in new firms.
We will structure access to capital such that we don’t depend on profit-sucking capitalists to grant it to us.
You are better than this.
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It’s called income tax, I’m the one making the income, so what should the company pay it? The company pays taxes also, like a payroll tax.
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Believe what you want to believe, I don’t really care.