Comment by sebastialonso
4 days ago
Honestly expanding this point for the joy of debating.
Granted, grandparent comment used _charged_ words. Let's rephrase: labor is used to ultimately provide owners more money than they put in.
Is that not a fair assesment of the real world? Who starts a company to lose money? Who starts a company solely for "creating jobs"?
What exactly is the beef with grandparent comment? Is it just the negatively charged words? It's the rephrased version beef-inducing as well?
> Let's rephrase: labor is used to ultimately provide owners more money than they put in.
I'd rephrase that: labor is used to provide the owners the maximum amount of money they can manage to extract from the people doing the labor.
A technology 10x's worker productivity? That means 9x more goes to the owners, and 0x (zero) more goes to the workers. Maybe the workers get even less, because now you can fire some.
> Who starts a company to lose money? Who starts a company solely for "creating jobs"?
A more equitable distribution of company profits does not imply the company loses money. It does not imply useless make-work jobs.
> A more equitable distribution of company profits does not imply the company loses money. It does not imply useless make-work jobs.
I fully agree, and remind you it's completely legal and simple for you to go and start a company that does equitable distribution of company profits. More people should do it instead of complaining that few people do.
Nobody does it because the incentives make it impossible. If you do this, then you just lose. Because everyone else will be doing it, so you’ll get pushed out.
Think of it this way: if slavery was legal, would anyone be running a fair labor farm? Maybe, for like a week, before they’re out of business.
Or, consider this: at any point in time, any of the tobacco company could have made nicotine-free cigarettes. But they never did. Why not? Because it’s a fundamentally impossible position to hold.
Now, this is very reductive, I admit. There is a niche for appealing to people’s conscience. But that niche is a luxury, and luxury goods don’t perform well in a tight economy. And, luxury goods will never have the breadth of the staples.
> I...remind you it's completely legal and simple for you to go and start a company that does equitable distribution of company profits. More people should do it instead of complaining that few people do.
No. Instead of doing that, the effort should go into making all companies act that way.
IMHO, what you just did is part-and-parcel of one angle of the "propaganda to justify and obscure it" that I referred to above (e.g. "Don't like it? Then I say your only response should be this ineffective and limited-scope action I specify that strictly adheres to the status-quo").
And it would be ineffective. Building a little oasis in the middle of the status quo would only help a few and is unlikely to resist the tendency of things to eventually revert to the mean. The mean needs to change, and the best path to that is probably through regulation, other kinds of social standards-setting, and increasing the power of the exploited groups (e.g. through unionization).
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