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> If someone invents a tool and sells it for a profit - who was exploited? Is it not possible for everyone to be richer than they started and also create wealth
by peisistratos 8y ago
> If someone invents a tool and sells it for a profit - who was exploited? Is it not possible for everyone to be richer than they started and also create wealth??
As I said, when, after the electricity bill etc. is paid, created wealth is split between dividends to heirs and wages to those who worked and created the wealth.
If in your hypothetical situation there is no split - if the person who worked and created wealth keeps everything - there is no expropriation.
The expropriation is the last few hours of work he does, of the wealth he creates - none of it going to him, the one who created the wealth and did the work. All of the profit going to the heir. But if there is no split, this expropriation does not happen.
- hoaw 8y agoI never understood why people are so casual about inequality. To put it bluntly a lot of people will eventually, if not already, be working something like three quarters of their lives for society, a company and a land owner. And only one quarter for themselves.