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by GeorgeTirebiter 1900 days ago
PG is probably not delusional. To make such a claim without proper evidence is probably suggesting you may be having an emotion response to what he wrote. Understood. Not Cool to call people 'delusional' with paltry evidence.

I know PG only a little, but I think his intention was to stir the pot on this old debate.

But yes, for the lower 70% that have as much wealth as the top 10% (and it takes about $ 95K net worth to be in that top 10%) it would be difficult to make a case that 'labor has prevailed over capital'. I would enjoy hearing more about PG's argument to support this claim.

What I see is the surplus is now going mostly to the very top -- which appears to be the point PG is making!

1 comments

He is either delusional or he's lying. How else can you explain his claim that labor has prevailed?

As Amazon and Tesla employees fail to unionize, as Uber buys a law to avoid treating their drivers as employees, as the Democrats fail to increase the minimum wage despite holding all three branches of government, as the US is the only western nation without universal health care... What honest person can look at the current state of America and think labor is winning?

The children of upper middle class parents getting rich by starting startups is not labor prevailing over capital. It's just capital. It's just the rich getting richer.

Nit: Democrats definitely don’t hold all three branches of government. They hold two, the Supreme Court is 6/3 conservative. Democrats have two chambers of one branch, the legislature, by the thinnest margins possible.