Wrong, they should CEASE to exist
this post was submitted on 06 Jun 2024
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Well, I don't know about your but I'd prefer a system where it wouldn't be possible for a single person to amass that many resources in the first place
Worker co-ops, social safety nets, guaranteed income and a robust, free universal healthcare option are all things we could do RIGHT NOW without hurting our precious capitalist empire at all. In the long run some businesses like the Healthcare companies will suffer and have to downsize, but it's always been absolutely astonishing to me that a company like Tesla, IBM, Boeing, Walmart or other mega-companies close plants or stores and send tens of thousands of people into joblessness and poverty nobody bats an eye.
The moment we talk about actions that might impact the insurance empires suddenly we have to all worry about the workers and all the businesses that are connected to the insurance company and so on.
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What's the most amount of resources that it should be legal to acquire?
The answer is either "None of it" or "No more than you need", depending on how based you are.
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Accumulation should be removed, there should be no individual Capital Owners trying to collect more and more and more.
Can you clarify a bit more? I have enough money where I could stop working for the next 8 or 9 months if I chose. Should I be allowed to keep this?
What about my neighbor, his house is 3x the size of my wife's and mine, and he lives alone. He could sell one of his three cars and survive for a year if he had to. I'm sure he has a savings that could last him 5 years or more. How much should he be allowed to keep? Or should he just be forced to take a vacation until he gets closer to average?
Or should the cap be more around one lifetimes worth of savings?
We are within Capitalism, so without replacing it with a better system, we cannot remove accumulation.
I am not advocating for putting a cap on accumulation in Capitalism, I am advocating for replacing the entire Capitalist system with one where accumulation is not only impossible, but unnecessary and unwanted.
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I think this is where capitalist understanding of capital goes into contradiction with marxist understanding of capital. I won't go over everything in Das Kapital that relates to this topic, but I'll give the short gist. Capitalism takes a very general "everything is capital" approach which means whatever money you collect is capital. Marx defined capital different to show the inherent contradictions of the capitalist system. From the point of view of money it becomes capital when you use that money for the specific purpose of making more money.
Let's say you give someone the tools to make a thing and then you pay them $40 to make that thing. You then sell that thing for $50 making $10 for yourself from that. If we imagine this as a black box, you put in $40 and you get $50. Collect until you have $80 and then you get back $100. That is capital. You do nothing but you make money and you use that money to make more money.
What isn't capital is if it costs you $40 to make something, you sell that thing for $50, you take that $10, collect until it's a million and then buy a house or something. That is not capital because that's the product of your labor and that money returns into circulation.
You're allowed to keep your money because you've earned it. Your neighbor is allowed to keep his house, his cars and all the savings assuming he did the worth to earn it. There is no actual cap beyond what you're capable of earning from your labor. I won't get into the "what if he didn't earn it" or the "Person X made billions of their own work" discussions because I'm not here for that. I'm here to give a quick explanation to your questions because we're not taught Marxism. The outcomes of Marxism comes across as very nonsensical and puzzling, when all you've been taught is capitalism. If you don't care to read Das Kapital this is a good summary where the 4-5th video starts to get into the meat of the subject
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Too late for that, that's the problem.
Yeah absolutely true. Frankly I don't think we'll be able to unfuck ourselves before it's much too late from a climate viewpoint – and I'm not entirely convinced we haven't already passed the point of no return
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They should exsist, as a footnote in human history.
Nah there should be a whole chapter about oligarchs that make future people go "what the fuck". Hopefully followed by the one about how we no longer have oligarchs that makes future people go "based".
Why would I want to change your mind‽
%100. No one needs that much money to live comfortably. It is a mental disorder.
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No. Will not change your mind
They only exist because we allow it.
Thought this guy looked familiar, turns out I was thinking of the Honey Monster from UK ads in the 90s.
Has gritty acknowledged this relation???
Why the fuck is Gritty a member of Crowder's mug club? Fucking cancelled.
(If you're not going to fully Photoshop that fascist out of the meme, use the Calvin & Hobbes version)
This one, right?
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