this post was submitted on 14 Sep 2023
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[–] huge_clock@lemmy.world 1 points 1 year ago

Even a labourer who has saved up can buy a back-ho. The backho could have been produced by a communist country or work co-op. Who produced the back-ho is not important.

The important thing is that value is stored, invested and combined with labour to make everyone better off. This is why wages are higher in countries with more capital such as the USA.