3 ms·
>> when capitalism is by definition a redistribution from the poor to the rich How is that physically possible, when poor people have nothing?
by nec4b 5y ago
>> when capitalism is by definition a redistribution from the poor to the rich
How is that physically possible, when poor people have nothing?
- beaconstudios 5y agoPoor people have labour. Everybody labours in a company (except the shareholders) and then everybody is paid a wage and the shareholders keep the profit. Thus the rich get richer as the surplus value created by labour is kept by capital. That's the core mode of capitalist production, better known as the M-C-M' cycle.