3 ms·
My how the goalposts have moved. Millionaires are the new proletariat. Socialism needs to borrow almost all of capitalism from capitalism. Fairly soon socialist
by TimPC 4y ago
My how the goalposts have moved. Millionaires are the new proletariat. Socialism needs to borrow almost all of capitalism from capitalism. Fairly soon socialists will be advocating for (partial) investor ownership of the means of production because once you accept price mechanisms in labour markets you have almost no good alternatives for new business formation.
- sudosysgen 4y agoNo goalposts have been moved. The proletariat has never been defined by income level, rather simply if they sell their labour without owning capital. A vanishingly small percentage of the proletariat has been a millionaire or equivalent basically forever. Capitalism is private ownership of the means of production, nothing more, nothing less. If someone really is able to produce 20x more than their peers, there's nothing wrong with them have a before tax income of 20x more.