What's interesting to me is if you say these distinctions don't matter, and its reduced to simply worker vs. capitalist, then why is class consciousness difficult for the majority of workers? Why is there a lack of solidarity that stretches beyond so many different occupations? — Rob
I do wonder how many corporately controlled private platforms you have to rely on in order for your business to function — StreetlightX
the structural impoverishment of vast swathes of the Earth under capitalism. — StreetlightX
There are factory workers making your shoes who do not have the luxury of refusing to work for someone else. — StreetlightX
Yeah, you can really see how capitalism has made everyone so much poorer than before and they just keep on plummeting. — Paul
Indeed, the share of income presently captured by the poorest half of the world’s people is about half what it was in 1820, before the great divergence between western countries and their colonies. In other words, the rise of imperialism as the ‘latest stage’ of capitalism has delivered increased inequality of income globally. The personal income share of the poorest 50% of the world’s adults or around 3bn people is half what it was in 1820! So much for even and combined development after 200 years of capitalism.
Back to wealth, the WIR notes that while “Nations have got richer — governments have got poorer”. Wealth, both tangible and financial, is not held commonly at all. “Over the past 40 years, countries have become significantly richer, but their governments have become significantly poorer. The share of wealth held by public actors is close to zero or negative in rich countries, meaning that the totality of wealth is in private hands.
Under communism, they literally have no choice but to work for someone else. Work is obligatory under that system, and knowing that the shoe factory is a collective doesn't make them feel any better about having to meet quota. Capitalism at least provides options. The factory worker can go try something else without getting permission from anyone. The factory worker can learn to code and be their own boss, as many people in impoverished countries have done. The factory worker can invent a new job that didn't exist before. It won't be easy for most, but there's no system under which it is. — Paul
Sure about what? — schopenhauer1
Shit I just got a book by Piketty from the library. Haven't started it yet but it was recommended by a few people. Why do you say he is a pop economist? Is it not even worth reading?This is why 'soft left' pop economists like Piketty, Kelton, or Mazzucato are so de jour right now. — StreetlightX
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