By marxist standards, I do not provide labor, I own capital. From what I understand, the commie concept of wage labor is "exploitation" in the sense that we take the surplus value you produce. Since this board allows non-leftists to ask questions, mine is, why do you think you have the right to the full product/end result of your labor and not just a small compensation?11 posts omitted. Click reply to view.
If I were to pay my wagecucks the full amount, or give them control over my company instead of paying them a pittance, I won't be able to stay competitive and maximize profits.
In capitalist philosophy on the other hand, exploitation requires the use of force. A worker is not forced to work for me for example, they are 100% free to go find a different job or start their own company. I just wanna know your point of view, and why you think you are entitled to your surplus labor.
I want to say an additional observation, which I think you wouldn't find frequently in Marxist literature. I call this the Golden Law of Socialist Economy:
~ In the condition of good environment, the lower GDP of a socialist country is, the better efficiency it will achieve ~
>>1720>Why can't someone start a business though and go from rags to riches?
Such examples are rare, but in any event even if they were more common that would not be the relevant point. An enterprising peasant in the Mughal empire could become a zamindar - whether people change the positions they occupy doesn't change whether those positions are exploitative.
>The market values assets because of demand, and if you are able to fulfill this demand, you get rewarded
This might be a plausible account of CEO pay - that investors pay CEOs much because they know they're so good at their jobs. (There are of course other explanations, but we're not worried about that issue right now.) However, when you buy a company's assets, you're not buying the CEO's time - you're buying the assets. This can be seen most clearly in the purchase, valuation, and payoffs of securities which don't have to be actively managed at all. (If you're a Nazi this is proof that bankers don't do "real" work but factory owners do, but if you think through the logic of the market at all you'll see that people who own shares of each sector are collecting rent on it in similar ways.)
>>1711>A worker is not forced to work for me for example, they are 100% free to go find a different job or start their own company.
Good job outing yourself as a high schooler. Literally no adult with a mature brain believes in that myth.