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by onethought 982 days ago
Unless you have shares - you are exploited for your surplus value.

This is true for any and all wage based labour.

4 comments

Not really - if you are salaried worker - you get paid even if the project that you are working on fails. You trade potential profit for stability. But if you are a founder/investor who works on your own stuff then you will lose your own money if the project fails.
We are all risking our time on Earth, betting what we do with it will be a success that will help our descendants and other fellow humans.

Somebody wasting it by fucking up the project by mismanagement or misappropriation is a loss for us all.

Individualism sure is cancer.

No, if you don’t generate surplus value. You get fired. One project sure, maybe your ROI window for your employer is higher than that. But it still holds true.
Do you mean because the company values my labor more than they pay me, that's exploitation?

How about when I buy eggs from the grocery and value them more than they cost me, so that there is consumer surplus. Is that exploitation?

Exploiting an egg?

Having people produce something and not paying them what it is worth so someone else can profit - is exploitation.

Remove the prejudice from the word. Just like if you “exploit a coal seam” or “exploit sunlight to generate electricity”. You are deriving value from something where the benefit is more than the cost. When the exploitation crosses a human, it (rightly) takes on a negative connotation.

Exploiting the egg farmer, I suppose. Just seems nonsensical. Every trade benefits both parties more than the trade value. Otherwise the trade wouldn't happen.
there is both producer and consumer surplus, both supply and demand surplus. If there isn't, you're looking at abusive price discrimination.
When in the world will this meme end.

If I am paid to dig holes, then a hole is not worth anything to me except for what someone will pay for it.

I'm not going to stay at home and dig all these holes in my back yard and glimmer with glee at all this surplus value that I've kept to myself.

Code is the exact same. Me writing a python module to process a CSV file is not at all valuable to me, but the wage I'm paid for making it, is.

It's not exploitation. It's a very easy trade.

It’s not a meme. You do something that is sold for X and you are paid X-Y. y is your surplus value.

True you possibly couldn’t get that y on your own. But someone got it, and it wasn’t you.

> You do something that is sold for X and you are paid X-Y.

If my neighbor wants a new fence (the Y), offers me $50 to dig a hole (the X-Y) to put a fence pole in.

I dig a hole, i get $50. He gets closer to a fence. we have both profited, who is exploited?

Or if you want to go even more basic:

he wants a fence, he pays me $500 to build a fence, i build the fence and get $500. who is exploited?

Note these are real examples from real life that i deal with.

That’s not wage based labour. You are an owner/operator in that scenario, and you fully realised the value.

The value of the fence is X and you got X.

The value of the fence is different for different people.

For me it's $500, for my neighbour it's $5000 - because it stops rabbits from eating his garden and stray dogs or whatever.

If it's $5000 value to my neighbour, should I have charged more even though I would've accepted $500? Who would have been exploiting who then?

This is directly analogous to my employer as well, except replace "neighbour" with boss, and "fence" with code. It's still a voluntary trade.

No it’s not, because you are being paid for an outcome not time.

So yes, if it’s worth more and someone pays more then you get more. That’s not at all the point.

But if you are paid per hour and you produce many more fences than is required to pay your wage, you are being exploited.