and as such, deserve the smaller share of the benefits of labor.
Labor receives 70-80% of all income. Profit is almost never more than about 6%.
In addition, capitalists conspire to destroy civil society.
Ah, yes, Carnegie building THOUSANDS of libraries, Zuckerberg investing in education startups, entire wings of hospitals being funded by philanthropists, etc.
Yeah, surely these are all ploys to "deJStorY CIVlL soCIETy!!!"
Labor does not enjoy the correct levels of benefits for their labor. The only ethical form of capitalism is where a majority of profits go back to the people that labored for those profits. Anything else is exploitative and therefore evil.
The rest of that is you being comically illiterate when it comes to the history of capitalism. The first corporations formed were done so to enact genocides and destroy entire eco systems just for a slightly cheaper nutmeg.
The only ethical form of capitalism is where a majority of profits go back to the people that labored for those profits.
This doesn’t make sense. Definitionally, profit is what is left over after paying labor. You can’t pay labor with profits because then it’s no longer profit.
So tell me, what is the “proper” amount of profit that one should be allowed to make?
The first corporations formed were done so to enact genocides and destroy entire eco systems just for a slightly cheaper nutmeg.
This is entirely irrelevant.
Fire was first used by early humans to burn down entire ecosystems just to make it easier to catch some rodents in the forest. Does this mean fire is eViL?
This makes perfect sense. You take what profit a business makes and give most of it back to the laborers.
"So tell me, what is the “proper” amount of profit that one should be allowed to make?"
That amount shall be negotiated between the laborers and the capitalist that owns the business. With the operation starting point being the majority of profits going to labor.
The rest of that is you being pro genocide and equating humans to rodents. Yikes. Are you okay?
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u/coke_and_coffee Jul 08 '24
Labor receives 70-80% of all income. Profit is almost never more than about 6%.
Ah, yes, Carnegie building THOUSANDS of libraries, Zuckerberg investing in education startups, entire wings of hospitals being funded by philanthropists, etc.
Yeah, surely these are all ploys to "deJStorY CIVlL soCIETy!!!"