'I have not seen one cent': billions stolen in wage theft from US workers

Re:'I have not seen one cent': billions stolen in wage theft... by mjburgess on Monday February 12, 2024 @12:13PM (#39347454)

There is an irony that capitalism is claimed by the anarcho-libertarian lot. As capitalism is the most collectivised system in human history (consider, only, the scale of Microsoft) -- and also the most anti-capitalist system (ie., it forces capitalists to compete and hence dramatically diminishes their power relative to other systems).

Perhaps one day we might see capitalism as an "iterated socialism" (ie., socialism as thought about if you include time in your imagination).

And communism, libertarianism, anarchism, etc. as all products of a time-free form of reasoning where you can just pause the world and imagine that all people will "run the same program".

[ Parent | on HN ]

Re:'I have not seen one cent': billions stolen in wage theft... by vundercind on Monday February 12, 2024 @12:25PM (#39347615)

Yeah, last I checked the “story” of capitalism and strong market economies is generally regarded as essentially having the emergence of the proto-nation-state (as in e.g. Spain under the “Catholic Monarchs”) as a prerequisite, as far as being something that can exist on an all-encompassing scale rather than in the margins, in tiny states navigating the “waters” between larger polities with other economic systems.

Stability and guarantees from a strong central state really grease the wheels of commerce.

[ Parent | on HN ]

Re:'I have not seen one cent': billions stolen in wage theft... by kelseyfrog on Monday February 12, 2024 @12:39PM (#39347785)

That's essentially my understanding too. The legal construction of property, and rule and commodification of law are all necessary functions of market economies.

[ Parent | on HN ]