3 ms·
No, capitalists are not "free riders". A big reason the average wage is much higher in the U.S. than in say India is that the amount of capital per worker is hi
by Bostonian 11y ago
No, capitalists are not "free riders". A big reason the average wage is much higher in the U.S. than in say India is that the amount of capital per worker is higher, making U.S. workers more productive. There is no capital without capitalists.
- s73v3r 11y agoThen why have wages for US workers stagnated while wages for the ludicrously wealthy have skyrocketed, even though productivity per worker is far higher? Face it, they're freeloading at this point.
- Bostonian 11y agoPart of the reason is that the value of non-case compensation such as health care benefits has increased.
- crimsonalucard 11y agoI never said capitalists, we're all capitalists. What I meant was excessively rich people can't just achieve wealth off of their own work alone. It is physically impossible for any individual to have the physical or mental power to generate that capital out of thin air. People must aggregate their labor in order to produce complex products like the iphone, the airbus or the great wall of china. Thus for rich people to be as rich as they are must have exploited or "free rided" from the labor of others.