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by randomdata
1020 days ago
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> but likewise the Labor needs the tools the capitalist owns to multiply the value of their labour Labour doesn't need to multiply its labour, though. Labour remains valuable no matter what. > Since capital gives control of the state (indirectly) The state is just people. In a world where capital is worthless without labour, I assume that labour makes up the majority of the population – why would a small group of people sitting on capital that does nothing and is worthless have more power than the majority of the populace who actually bring value to the table? > which then has a monopoly on violence In a world where capital is worthless without labour, who, exactly, is going to enact that violence? You need labour to bring the violence... |
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Maybe, but for a somewhat tortured example: if you're a programmer with domain knowledge of a specific application then your value there might be worth $150k a year. If that's taken away from you and you have to learn a new domain then your value might be only $80k per year. If even a computer to work on is taken away from you then your labor is only worth minimum wage.