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But isn't this exactly what you're supposed to do in capitalism? Use your privileged position in economy to earn money (by definition at the expense of other pe
by MatekCopatek 8y ago
But isn't this exactly what you're supposed to do in capitalism? Use your privileged position in economy to earn money (by definition at the expense of other people)?
Now, I agree that it's not a very moral position, but we don't expect property owners in SF to keep rents reasonable. They should charge as much as they can, that's the only thing that makes sense from a business perspective!
- nine_k 8y ago"Use your privilege to earn money" is feudalism. Capitalism (idealized) is when you use get an advantage by selling superior goods or services, while competing with others, without leveraging any state-given privilege. We need (even) more capitalism in the US, if anything.
- Endy 8y agoThe thing about this is that the MTA and NYC Subway are NOT for-profit businesses. They're part of the public sector and shouldn't be held to a profit motive. Similarly, the Unions connected to City transportation should recognize that the system they're vampirically draining isn't about profit, and working for it should be in the mindset of a public service, not a 'get rich quick' scheme.
- ahje 8y agoThe workers might be working in order to make money though. Making a profit isn't just for businesses.