Originally posted by ANOK
Another thread full of misconceptions about capitalism.

Under capitalism the worker is exploited, because they have to produce more than they are paid for, in order for the capitalist to make profit. It's a myth that capitalists create "jobs", they simply control the scarcity of "jobs" like they artificially create scarcity of resources in the market, to maintain control and profits.

Capitalism is not money, money is simply a tool of any market system. Capitalism is not the market, and neither is socialism, they are simply terms describing whom has the majority control over the means to produce goods for the market, and for human needs. Those that own the means of production control the economy, and thus control the system. Capitalists are the only people who can afford to run for top seats in government, they don't represent the workers, you and me, the represent the minority owners of capital.

(and I mean those capitalist owners who are at the very top of the pyramid scheme, like the oil companies, not Ma and Pa's sandwich shop.)

edit on 3/12/2012 by ANOK because: (no reason given)

Some are exploited but there is something known as fairness. How is a worker producing more than they are paid for? They should be getting paid for what they produce. If my job is to put knobs on cabinet doors i am supposed to be paid more than the cabinet is worth? You are not even taking into account losses. And how is it a myth that capitalists (if you really want to call it that) create jobs?

Personally i have few luxury items at all, dont own a house or car and make just enough to survive but i am not that type of person to run a business and make a lot of money but damn....what the hell are you talking about?

They call the left "delusional" but actually only people on the right believe Obama is "going to bring socialism."

Not a single real socialist on planet earth believes that. Not one.

Who is being delusional again?

Originally posted by Malcher

Originally posted by ANOK
Another thread full of misconceptions about capitalism.

Under capitalism the worker is exploited, because they have to produce more than they are paid for, in order for the capitalist to make profit. It's a myth that capitalists create "jobs", they simply control the scarcity of "jobs" like they artificially create scarcity of resources in the market, to maintain control and profits.

Capitalism is not money, money is simply a tool of any market system. Capitalism is not the market, and neither is socialism, they are simply terms describing whom has the majority control over the means to produce goods for the market, and for human needs. Those that own the means of production control the economy, and thus control the system. Capitalists are the only people who can afford to run for top seats in government, they don't represent the workers, you and me, the represent the minority owners of capital.

(and I mean those capitalist owners who are at the very top of the pyramid scheme, like the oil companies, not Ma and Pa's sandwich shop.)

edit on 3/12/2012 by ANOK because: (no reason given)

Some are exploited but there is something known as fairness. How is a worker producing more than they are paid for? They should be getting paid for what they produce. If my job is to put knobs on cabinet doors i am supposed to be paid more than the cabinet is worth? You are not even taking into account losses. And how is it a myth that capitalists (if you really want to call it that) create jobs?

Personally i have few luxury items at all, dont own a house or car and make just enough to survive but i am not that type of person to run a business and make a lot of money but damn....what the hell are you talking about?

worker cooperatives.

Originally posted by eboyd

Originally posted by Malcher

Originally posted by ANOK
Another thread full of misconceptions about capitalism.

Under capitalism the worker is exploited, because they have to produce more than they are paid for, in order for the capitalist to make profit. It's a myth that capitalists create "jobs", they simply control the scarcity of "jobs" like they artificially create scarcity of resources in the market, to maintain control and profits.

Capitalism is not money, money is simply a tool of any market system. Capitalism is not the market, and neither is socialism, they are simply terms describing whom has the majority control over the means to produce goods for the market, and for human needs. Those that own the means of production control the economy, and thus control the system. Capitalists are the only people who can afford to run for top seats in government, they don't represent the workers, you and me, the represent the minority owners of capital.

(and I mean those capitalist owners who are at the very top of the pyramid scheme, like the oil companies, not Ma and Pa's sandwich shop.)

edit on 3/12/2012 by ANOK because: (no reason given)

Some are exploited but there is something known as fairness. How is a worker producing more than they are paid for? They should be getting paid for what they produce. If my job is to put knobs on cabinet doors i am supposed to be paid more than the cabinet is worth? You are not even taking into account losses. And how is it a myth that capitalists (if you really want to call it that) create jobs?

Personally i have few luxury items at all, dont own a house or car and make just enough to survive but i am not that type of person to run a business and make a lot of money but damn....what the hell are you talking about?

worker cooperatives.