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by kilna
493 days ago
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Since 1980 the top 1%’s share of national income nearly doubled, while the bottom 50%’s share fell from 20% to 13%. Real wages for most workers stagnated despite productivity rising 62% (1979-2019), ALL of that went to investors. People who claim funding co-ops is a "wealth transfer" ignore existing policies which already funnel taxpayer money upward. Redirecting a fraction of subsidies like bailouts and fossil fuel breaks and the endless war machine... instead to worker owned models that reinvest profits locally and tie wealth to labor... that isn’t a new transfer but a correction. Co-ops reduce reliance on exploitative private equity (e.g., hedge funds buying 40% of U.S. rental homes) and ensure economic gains stay with the people generating value. I have the controversial opinion that people who work should get money, not the people who don't work. |
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and they do.
> not the people who don't work
and they don't. With the exception of some basic welfare payments, which i am not opposed to, what you mentioned is what currently happens.
But you're unilaterally classifying capital as not being work would be wrong. Capital is solidified work from previous/earlier times, but unconsumed and saved.