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by throwaway98797 969 days ago
losing your job is not the same as losing capital
2 comments

No, it is wayyyy worse. Although there is a lot of capital investment in a job. You are also investing the most valuable thing you own.
> Although there is a lot of capital investment in a job.

No there isn't. You haven't put up any capital when you join a job, and you aren't (generally) required to invest any as you go along. Your time is not capital.

Auto Loans, Student Loans, training, certification, internships, moving costs, and other small costs like special clothing are all investments made by employees to be paid for before or during hiring. In addition, many businesses require employees to buy tools and special equipment like boots and safety vests.
Correct, is way worse. Proletarians don't have any capital to lose. Capitalists do. So if they lose their capital, they can just be like the rest of us. If we (proletarians) lose our job, we risk poverty and death.
> So if they lose their capital, they can just be like the rest of us.

Nah, if they had enough capital to live off of before then, they are far more likely than us to fail upward into a management job.