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by cortesoft
1866 days ago
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I think the big difference is that worker time can’t be saved in the same way that capital can be. While capital will lose value over time to inflation, it still holds most of its value if it is not spent (and there are very safe investments that can be used to hold even more of its value across time) An investor can choose to hold their capital for a better investment at a later time. For a worker, however, every minute of labor is use it or lose it... it isn’t like a worker can look at the available jobs and say “nah, I think I’ll just save up my time for now and wait for a better opportunity to spend my labor hours”. You can’t wait a few months and then trade all those months of labor for more money later. |
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