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> Any other view is justifying stealing from people just because they're "well compensated." That ideology hasn't worked to well in the past. > If not then t
by HeyZuess 6y ago
> Any other view is justifying stealing from people just because they're "well compensated."
That ideology hasn't worked to well in the past.
> If not then that compensation doesn't make sense and in effect is stealing from others who are producing that value.
While I admire the premise of this line of thinking, this is not how Capitalism works. It is also very difficult to quantify value also, how does person X compare to person Y doing the same job compare in regards to the term of value. If person X has more seniority, or maybe less but greater skills, produces more etc. Let alone person X and Y who are equivalent, but work on different parts of the machine. Heck devs are drastically more valued at the moment than receptionists but receptionist may work harder.
Now I sit somewhere between Ayn Rand and a Socialist, but I definitely believe in Capitalist ideals, that a person should be paid on their market value, and profits are made for those on top in regards to what value the entire machine produces. Those in the middle shouldn't suffer though, but that can never be attributed to theft (there are a few cases which escape this), unless you take on a more Communist idealism.
- aaomidi 6y agoI completely disagree with you and capitalism is an immoral system of economy. It might have been a necessary transition but as it stands right now it's ruining the world bit by bit. It's also still theft no matter what system of economy you believe in. If someone is taking the compensation of the value you're adding to the economy, that's theft.
- HeyZuess 6y ago> completely disagree with you and capitalism is an immoral system of economy. As I said I stand between an Ayn Rand type of system and and a socialist system. So while I think Capitalism is definitely the better options, I don't deny it's failings. > It might have been a necessary transition but as it stands right now it's ruining the world bit by bit. There are obviously areas it can be improved, however as it stands there are a lot more benefits than problems. > It's also still theft no matter what system of economy you believe in. > If someone is taking the compensation of the value you're adding to the economy, that's theft. If people are compensated for their work then it isn't theft, when you agree to sell X (you effort) for Y (money), especially where Y is not capped in too many ways then it is not theft. Remember person isn't adding the entire value to the economy, the company is, the product is. And it is fine if you disagree.