2 ms·
> This is the core issue. Even if quality stays the same or is increased, a much higher percentage of the monetary income from the wealth created goes towards o
by philipallstar 1y ago
> This is the core issue. Even if quality stays the same or is increased, a much higher percentage of the monetary income from the wealth created goes towards owners instead of workers.
It also goes to lowering prices or raising quality or raising wages elsewhere, as anywhere there's competition there's a constant tug of war on those axes.
> Workers, who build wealth / perform positive-sum work, always were compensated worse than owners, who redistribute existing wealth / perform zero-sum work (if they do any work at all).
Owners employ workers in a stable, agreed way. Owners might lose money or make money. Workers always make money. If you can't get the basics right, your conclusions will be way off.
- tartarus4o 1y ago[dead]