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Old 07-01-2017, 01:16 AM
entruil entruil is offline
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Join Date: Oct 2014
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Quote:
Originally Posted by Wowbagger [You must be logged in to view images. Log in or Register.]
I don't believe that wealth creation is necessarily tied to exploitation of labor (unfair wage). Marx thought so, but honestly, it's his angle on the Hegelian Dialectic that's infected college campuses (and spawned countless new liberal arts disciplines entirely based on it) and created the very atmosphere we're all watching choke the life out of Evergreen State College, from the OP.

That said - even in the "capitalist exploits labor for profit" scenario... two examples of market forces addressing this come to mind:

1) Worker improves the value of their labor - through experience (free) or education (cheap). Worker negotiates higher wages - possibly from a competing employer. Maybe even eventually collecting enough capital to take the risk of becoming an owner... possibly even offering a fair wage!

2) A competing capitalist offers a fair wage for the same job.

Fixt.
Post again... too many medallions floating around...

*When was wealth last created? (if you are coming from USA then you know not for a while, they just print it, and wealth only stays the same or is Delimited)...
Last edited by entruil; 07-01-2017 at 01:24 AM..