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The value of the stock is the value of the corporation, right? What’s the value of it if you don’t have humans to man the factory? The only reason Capital has c
by ok_dad 1y ago
The value of the stock is the value of the corporation, right? What’s the value of it if you don’t have humans to man the factory? The only reason Capital has capital is because they’re hoarding it since the beginning of human economics. If everyone shared equally then the guy with a steam shovel becomes a team who built, bought, or traded to get a steam shovel that they share to make their collective load easier.
So in my world view, yes, all wealth is exploitative. No one person can do enough work to earn millions and billions more than others.