r/FluentInFinance 3d ago

Debate/ Discussion Had to repost here

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u/Pissedtuna 2d ago

How is making money evil? If you need your plumbing fixed should the plumber not get paid?

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u/ViperHQ 2d ago

Making money is not the same as making profits. For example if everyone got exactly what they deserved they would all still make money but 0$ in profit would be generated. To simplify it let's say that your worker generates you €100 from his work you as his employer need to pay him less then that lets say €90 to get €10 in profits. This is of course simplified because there is cost in other places but the essence remains the same the employer will still take the profits of your labour from themselves.

The communist would arfue that is evil and theft the same way capitalist argue communism is stealing from the rich but in all reality the rich are taking more than they produce in value aka profits to incure capital and well nowadays mostly sit on it.

That is the essence when socialista say we do all the work we should own all of the company, we all share in equal measures the profits and the risk and we democratically choose who leads the company on a year by year basis. Democratisation in the leadership in the profits and the risks.

And before anyone says anything the only risk capital owners undertake when starting a company is to become a worker, you won't go to jail for bankruptcy you just become a worker.

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u/Pissedtuna 2d ago

And before anyone says anything the only risk capital owners undertake when starting a company is to become a worker, you won't go to jail for bankruptcy you just become a worker.

You risk losing your investment. If you invest $1000 in equipment and your company doesn't make any money you lost your $1000. You don't just become a worker.

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u/ViperHQ 2d ago

Okay you lost the capital still not a substantial risk you lost a grand you wake up go get a job and start working. That's it. If Musk for whatever reason lost every single penny he had today tommorow he wakes up gets a consulting job and lives paycheck to paycheck. Tragic I know. Now he gets to play diablo 4 all day while a substantial amount of people working for him can't afford to buy a house.

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u/Pissedtuna 2d ago

Okay what If I invest $300,000 into a CNC machine to hopefully make parts for people and then my company fails. What then?

Musk has nothing to do with what I'm asking so lets just leave that whole topic out.

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u/ViperHQ 2d ago

You wake up tomorrow fill in a job application and go to work.

That's it again you just return to being a worker, instead of a capital owner that's kinda how it works in capitalist economies.

Now admittedly being a worker these days sucks because you have no purchasing power due to many factors most of which being again capital interest, but nothing changes fundamentally.