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> is that the great promise of capitalism — if you work, you can have a decent life, buy a house, and go on vacation — is no longer being fulfilled; I'd just l
by michaelsshaw 1y ago
> is that the great promise of capitalism — if you work, you can have a decent life, buy a house, and go on vacation — is no longer being fulfilled;
I'd just like to comment on this line in particular. The promise of capitalism isn't this, but, rather, if you own capital (i.e. are a capitalist), you explicitly do not have to work. There is no promise made to the workers, except that in some way they are compensated for their work.
There are other systems wherein if you don't work (and aren't retired/disabled), you don't get paid. But capitalism is one of them in which non-workers get paid, and usually with a disgusting disparity between the rate of the two classes.