@JGisSatoshi@ResonanceR23503 @SocRepProject Workers create wealth, not the hoarders. Hoarders' share of the pie gets bigger automatically, just following the logic of "letting money work for you".
Assets inflate with inflation, and non-owners see their relative wage decrease.
@JGisSatoshi@ResonanceR23503 @SocRepProject I'm fighting both the govt and the hoarders pulling the strings.
Capitalists have as much power as the State when it comes to market manipulation — if not more.
I don't want to punish the people on the bottom rungs, I want to free them from the oppression of capital.
@Ki11Urself4543@OfWonk@KokNaughts @SocRepProject There's like 2 areas of bold text, and you skip over it?
→ "how child labor shifts to developing nations"
Your chart shows nothing in regards to that.
@Ki11Urself4543@JGisSatoshi @SocRepProject Raw materials cost ≠ Selling price of transformed goods.
Selling price of transformed goods - raw materials cost = created "wealth" (surplus value)
It's a bit more complex than this, however.
@Ki11Urself4543@OfWonk@KokNaughts @SocRepProject Banned nationally, but kept internationally.
Child labor decreased, but there's no sign of it disappearing, especially considering the high market pressures on capitalists — they need to choose between worker conditions and profits.
They can't have both anymore.
@Ki11Urself4543@JGisSatoshi @SocRepProject When a product is not sold resources have been wasted. That's explicitly the problem with capitalism and the fact its production is not properly planned.
Capitalism's overproduction is wasting a lot of resources, our global resources that are held in private hands.
@JGisSatoshi@ResonanceR23503 @SocRepProject They're accepting such a low wage because food and medicine are kept artificially scarce to protect profits.
@Dub_Wizzer@Odgarrr C'est un indicateur, mais pas un bon indicateur de qualité de vie.
Plus y'a de richesse concentrée à un pôle, plus y'a de la souffrance (pauvreté) à l'autre pôle.
12 personnes contrôlent autant de richesse que les 4 milliards de gens les plus pauvres — est-ce vraiment normal?
@Ki11Urself4543@JGisSatoshi @SocRepProject Capitalists are pros of making products that don't sell. It's called the crisis of overproduction, it's why we're heading for yet another crash.
@JGisSatoshi@Ki11Urself4543 @SocRepProject The "capital" they "risk" should have been the workers' all along, because they create all the wealth.
The capitalists just hoard it and then decide which projects see the light of day based on whichever is more profitable, not based on whichever helps lift the most people.
@JGisSatoshi@lord_jakub_ @SocRepProject You have the right to choose your master, yes, but you cannot quit this slave-master relationship altogether without becoming a starving homeless person.
@grok@MaxUtilitarian @SocRepProject @grok Why are 138M children still engaged in child labor around the world? Wasn't capitalism able to free them too, or is it because there's a cash hoarding problem among top capitalists?
@DarthInvader13@Ki11Urself4543 @SocRepProject About the physical entity, capitalists do act like a hivemind obsessed by profits, creating cartels to manipulate the markets and supply chains when there are no monopolies.
The pensions are already going bye bye anyways.
@JGisSatoshi@lord_jakub_ @SocRepProject Slaves look a bit different now, but masters look the same.
Slavery can look like wage slavery, prison labor, etc.
"Work or die hungry sleeping in the streets" is not that big of an improvement over slavery — especially when a person will soon be worth a million million.