Re:Overcoming Bias: ‘The Profit’ Socialism Challenge
by asdff on Monday November 01, 2021 @02:57PM
(#29071278)
What is a whale shareholder playing tennis off of their dividends and doing no 'work' toward their investment beyond looking at their quarterly statement if not someone skimming off the collective pot of profit generated by labor for their own personal hedonism? We have a lot of dragons in society who are celebrated for their difficult job of sitting comfortably on their pile of gold. Not sure why.
I believe the idea behind capitalism is exchanging value for value (private property and the ability to exchange it).
Someone sitting back and skimming a tax off the top of others property, without providing value, doesn’t seem to be compatible with the philosophy.