That's not the same risk. That's a voluntary agreement of work in exchange for cash, and either side can stop at anytime. Legal and contractual obligations like pensions and severance can also be layered on. What assets and liabilities that employee has in their personal life doesn't factor into calculation, they could be independently wealthy for all you know.
Also why does it have to be "large quantities"? Buy 1 share and you're a part owner. Many large companies have stock plans. It's not rare and if you're an employee then by definition you "have money" from working.
> Also why does it have to be "large quantities"? Buy 1 share and you're a part owner. Many large companies have stock plans. It's not rare and if you're an employee then by definition you "have money" from working.
Because the distinction is whether one's primary activity is using capital to gain income, versus working for pay. "Ah but a worker may own some shares!" isn't important. It's tough to nail down color names at transition points, too, but you add a tiny bit of white to some very red paint and no-one's gonna start calling it pink. It's still red.
[EDIT] at the heart of the misunderstanding, here, is a false syllogism, I think. "Pink paint is red mixed with white, you mixed some white in this red, therefore it is now pink"; "The capitalist class own capital, this worker owns some capital, therefore this worker is part of the capitalist class"; "The capitalist class owns capital, this guy owns and operates a hot dog stand, a hotdog stand is capital, therefore this guy is part of the capitalist class". It's quite similar to another that's often seen: "Mugging is taking something by threat of force, governments ultimately back taxation with the threat of force, therefore taxation is the same as mugging" or variations that end up at at some form of "taxation is the same thing as theft, so your thinking is inconsistent if you don't transfer all your bad feelings about theft to taxation, as well".
This thread was about the term, and that's the definition. If you have to change it to "you'll know it when you see it" then perhaps the definition is not so useful. The biggest companies have started from the smallest of ventures so your personal perception of size and importance has nothing to do with the term's qualification.
And no taxes are not theft, they are a contract in exchange for citizenship and sovereignty of the nation. Evading taxes is theft, by you from the government.
> This thread was about the term, and that's the definition. If you have to change it to "you'll know it when you see it" then perhaps the definition is not so useful. The biggest companies have started from the smallest of ventures so your personal perception of size and importance has nothing to do with the term's qualification.
You keep ignoring important parts of what's commonly considered the defining properties of the capitalist class, to make the idea seem less useful and much more slippery than it is. Or maybe taking that one sentence from WP as the entirety of the definition, period (though, again, ignoring important parts of that, even). I'm not sure you're going to find what you need to understand the concept, if you're interested, in an HN discussion.
It doesn't seem that way, it is that way. If you have to muddy the definition to make it fit then it's not very practical. I sense your particular context being a class of people who have power through ownership of means. My point is that ownership is available to anyone, either by buying shares (fine if you say that's difficult) OR by starting their own business (literally minutes away on the internet).
If anyone can join then it's not exclusive. In fact it's entirely welcoming. The economy not only supports it but relies on it, demands it even, and the very people you may claim are the most powerful today includes members who have started with nothing and were far outside that 'class'. The boundary is completely porous and ever-shifting so as to be non-existent outside of a political discussion. There are no chains binding you.
So what is the use of such a definition other than a "us-vs-them" distraction? When the "them" is open to anyone? It seems like the side which is dividing and conquering is not the capitalists.
> It doesn't seem that way, it is that way. If you have to muddy the definition to make it fit then it's not very practical.
OK. I wrote a really long response attempting to get through, but frankly, at this point, you should write a paper and submit to some journals, because this whole line of reasoning would be a significant finding if it stands up to scrutiny.
Also why does it have to be "large quantities"? Buy 1 share and you're a part owner. Many large companies have stock plans. It's not rare and if you're an employee then by definition you "have money" from working.