Profit Is Theft: It Sounds Absurd but Here's Why
https://www.filmsforaction.org/articles/profit-is-theft-it-sounds-absurd-but-heres-why/
| Take a look at this info-graphic. The disparity is absurd, and the 99% does need a raise. But while we're fighting for 15, we need to look beyond raising the minimum wage…
#Capitalism #Scam #LaborTheft #Worker #Consumer #Government #Taxpayers #Subsidize #Theft
Ten wpis został zedytowany (4 tygodnie temu)
AnarMeowth reshared this.
Jonathan D. Cope, Esq.
in reply to OccuWorld • • •This conflates a lot of issues, namely corporate capitalism with capitalism and profit is theft to name a couple. The rest is off based. You know that when they start calling for equality and democracy in the work place.
There is a constructive way to approach capitalism, and this definitely is not it.
AKingsbury
in reply to OccuWorld • • •"Profit Is Theft: It Sounds Absurd but Here's Why"
Because it is absurd, at least for any sane definition of the word "profit". A valuable return, a gain, a net income; to call these things "theft" is laughable.
And yes, we do have (some!) socialized costs and privatized gains. Some people look at that and conclude we should socialize the gains; others understand that the proper course is to make and keep costs private. Socializing gains destroys the best incentive to work.
8Petros [Atlas Unshrugged]_ likes this.
8Petros [Atlas Unshrugged]_
in reply to AKingsbury • •I think the appeal to quit costs externalisation has merit. There is a wealth of studies available, for example https://www.sciencedirect.com/science/article/pii/S2212041624000123 or https://seea.un.org/sites/seea.un.org/files/2.2.1_valuation_of_ecosystem_services.pdf
It would be great to see profit/loss statements of public companies adjusted this way.
AKingsbury
Unknown parent • • •"profit relies on the systems of coercion"
Sure, but again, only for an insane definition of the word "profit". When my local tamale guy come to my house and I buy tamales from him, he has made a profit. No sane person would claim he was coerced in any way.
And to call "the law of supply and demand" a threat is another absurdity. Do you understand that scarcity is a very real thing?
Jonathan D. Cope, Esq.
Unknown parent • • •Blaireau laveur ⏚🍉
in reply to OccuWorld • • •AnarMeowth reshared this.
Poloniousmonk
in reply to Blaireau laveur ⏚🍉 • • •https://www.youtube.com/watch?v=XdH38k0iUgI
George sums up class structure and the purpose media of divisiveness
YouTubeJonathan D. Cope, Esq.
in reply to Jonathan D. Cope, Esq. • • •Jonathan D. Cope, Esq.
Unknown parent • • •8Petros [Atlas Unshrugged]_
in reply to Jonathan D. Cope, Esq. • •Jonathan D. Cope, Esq.
in reply to 8Petros [Atlas Unshrugged]_ • • •If you click on it, again, it will go to the last search where you will find the primer in 8 parts. I wish there were a better way to do that. You can also click on #CommonsCapitalism and find many of my comments on Commons Capitalism.
8Petros [Atlas Unshrugged]_
in reply to Jonathan D. Cope, Esq. • •8Petros [Atlas Unshrugged]_
in reply to Jonathan D. Cope, Esq. • — (Internet) •Same here....
8Petros [Atlas Unshrugged]_
in reply to AKingsbury • •Jonathan D. Cope, Esq.
in reply to 8Petros [Atlas Unshrugged]_ • • •Search for #C Primer except leave no spaces in #C Primer.
8Petros [Atlas Unshrugged]_
in reply to Jonathan D. Cope, Esq. • •Jonathan D. Cope, Esq.
in reply to 8Petros [Atlas Unshrugged]_ • • •I'll see what I can do.
Jonathan D. Cope, Esq.
in reply to Jonathan D. Cope, Esq. • • •@8petros
Try this:
https://awscommunity.social/@Cirdan/112243968905412602
Jonathan D. Cope, Esq.
2024-04-09 23:57:25
8Petros [Atlas Unshrugged]_ likes this.
8Petros [Atlas Unshrugged]_
in reply to Jonathan D. Cope, Esq. • •A rose by any other name...
I went through the thread, started reading Barton Bray's paper.
My first impression is, that you are using capitalist language, to forward deeply anticapitalist ideas. I am going to revisit both texts and put some reasoning behind my statement.
But not today - need to crash soon.
Jonathan D. Cope, Esq.
in reply to 8Petros [Atlas Unshrugged]_ • • •@8petros
For whatever it's worth, Commons Capitalism does not fit the definition of "socialism." It does fit most of the definitions of "capitalism."
It, also, accomplishes what socialism attempts to do and what workers cooperatives do without all of the problems necessitated in workers coops.
Ironically, worker coops downplay the idea of being competitive in a market economy and concentrate on equality and democracy.
Jonathan D. Cope, Esq.
in reply to Jonathan D. Cope, Esq. • • •On the other hand, Commons Capitalism can outcompete traditional capitalism in any industry.
AKingsbury
in reply to 8Petros [Atlas Unshrugged]_ • • •Sure, if you totally ignore plenty of common dictionary definitions for the word "capitalist".
Jonathan D. Cope, Esq.
in reply to Jonathan D. Cope, Esq. • • •Old Chinese proverb, "It doesn't matter if a cat is black or white, as long as it catches mice."