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> the heir seeking to expropriate it Capital owners all inherited their capital, I take it? > Feudal pre-capitalist society did not need unemployment, but cap
by prottog 4y ago
> the heir seeking to expropriate it
Capital owners all inherited their capital, I take it?
> Feudal pre-capitalist society did not need unemployment, but capitalist society does
The high productivity of capitalist societies plus technological advances mean that people can be unemployed without starving to death. Feudal societies did not need unemployment because everyone was working to the bones.
> the workers creating wealth have more leverage to keep more of the wealth they created
I encourage everyone to negotiate as much of their share as they can. But if the underlying thesis was true and capitalists provided no value and workers all of the value, then the world's best companies would be worker cooperatives. I see no evidence that this is the case.