3 ms·
In capitalism's case, the name is really informative. At the heart of capitalism lies capital and the ability to invest it, which gives people who own it power
by badpun 3y ago
In capitalism's case, the name is really informative. At the heart of capitalism lies capital and the ability to invest it, which gives people who own it power to get stuff without doing any work. People without the capital do work for people with capital, so that the may survive (and do more work).
- robertlagrant 3y agoThe problem is that direct work is not the only way to contribute, which is why Marx's definition of things is too narrow. Taking risk is also something valuable to reward. As is having the right connections. One or more of these things together make value that a company that can then sell to people who want it. Deciding that risking capital is worth nothing is an incomplete view.