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There are a lot of trusts out there that operate with no full time employees and make billions in revenue. Maybe getting returns on investments isn't really a c
by dencodev 6y ago
There are a lot of trusts out there that operate with no full time employees and make billions in revenue. Maybe getting returns on investments isn't really a company, but it's also hard to say something like a hedge fund isn't a company.
- CPLX 6y agoThose trusts earn their money by investing it in enterprises that actually create value through the use of many employees. I definitely would not describe myself as a socialist (I have an academic background in economics) but it's pretty clear that the labor theory of value is not contradicted in the slightest by citing examples of lone rent-seekers.