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by grafmax
199 days ago
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Capitalism is a system where workers create value through their work and are compensated with a portion of that value in the forms of wages. The business owner, the capitalist, is able to extract a portion of that for themselves because they own the business. The state maintains this exploitation of workers’ productivity through so-called property rights - the “rights” of the business owner over the worker. Without the state, this system falls apart. |
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That work can be exchanged for money predates (the current form of) capitalism and depends fundamentally only on the concept of money alone. I fail to see how that is exploitation per se. You choose to trade something you have for something you want. That's freedom. Taking that away means slavery or starving people.
> The state maintains this exploitation of workers’ productivity through so-called property rights - the “rights” of the business owner over the worker.
What are you talking about? What "rights" of a business owner? The only thing they make are voluntary contracts. You are doing the same when you buy groceries, you are trading money you have for the work of others. What you describe is (wage) slavery, which we claim to have abolished.
Yes they are property rights, but show me the person who doesn't have property. I bet even the homeless person doesn't want it to be legal that the few processions he has can be taken away by anybody, because they just want it.
In civilized countries employees also have more rights than employers e.g. for notice periods, precisely because the working market is often in a state where the employee has less negotiation power. The contract drafter is also the disfavoured party in court.