Right, but the owner brings something to the table: capital. That capital is then risked. Don’t you think that capital owners should be compensated for providing the resources that is used in the production of commodities?
Ordinary people who labour save their money. Are they not allowed to invest that money after they earn it? What are we supposed to do with the money that we save up that’s not used for consumption?
It’s risky to capture a slave. Are risks always entitled to rewards?
The profit generated by the workers belongs to the workers. They made it. The owner didn’t. They needed the workers to make it. The owners aren’t “providing” the resources - they’re gatekeeping them, so that usage only happens under the condition that it benefits the owner.
Also, to be quite honest, it’s even unfair to the owner. They shouldn’t have to risk it alone. It should be a joint venture from the start. These risks should be undertaken together, with all as co-owners.
People are entitled their basic needs on the basis of being human. And all should have social ownership of the economy in general, with no individual or group having sole ownership and thus being the only ones to profit from it.
So, surplus value doesn’t exist, simply because some capitalists can… fail to extract it?
Listen buddy, a few people being bad at their job doesn’t mean the job doesn’t exist.
I don’t think you know what surplus value is. It’s the portion of the value that you make for the business that doesn’t go to you, but to the owner.
Do you also notice that I said “without going broke” and your example includes going broke?
Right, but the owner brings something to the table: capital. That capital is then risked. Don’t you think that capital owners should be compensated for providing the resources that is used in the production of commodities?
Ordinary people who labour save their money. Are they not allowed to invest that money after they earn it? What are we supposed to do with the money that we save up that’s not used for consumption?
It’s risky to capture a slave. Are risks always entitled to rewards?
The profit generated by the workers belongs to the workers. They made it. The owner didn’t. They needed the workers to make it. The owners aren’t “providing” the resources - they’re gatekeeping them, so that usage only happens under the condition that it benefits the owner.
Also, to be quite honest, it’s even unfair to the owner. They shouldn’t have to risk it alone. It should be a joint venture from the start. These risks should be undertaken together, with all as co-owners.
People are entitled their basic needs on the basis of being human. And all should have social ownership of the economy in general, with no individual or group having sole ownership and thus being the only ones to profit from it.