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by jjoonathan
946 days ago
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Ehh, but ownership is important for converting savings into investments and forcing investors to make decisions with skin in the game. Let's not throw those capitalism babies out with the class-conflict bathwater. It's better to focus one-by-one on comparatively small reforms that each close off a single avenue of rent-seeking and can each be justified on sturdy economic footing by economists with minimal direct relation to he-who-must-not-be-named. This approach is less revolutionary (we know how those go), more propaganda resistant, and generally better. |
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Isn't class conflict a direct and inevitable result of private ownership of capital? What kind of arrangement makes companies pay more for labor than they have to?