Working for a wage is very capitalist. By that I mean that capitalist owns the capital and rents labor hours for less than what will be made from them.
Wage labor is one of the core tenents of capitalism.
Working for a wage is very capitalist. By that I mean that capitalist owns the capital and rents labor hours for less than what will be made from them.
Wage labor is one of the core tenents of capitalism.
maegul@lemmy.ml 1 day ago
Well, coming from the perspective or justification of trying to maximise efficiency through a market of incentivised actors, is mass multi-level-hierarchy wage labour “optimum/peak capitalism”?
That’s what I was aiming for in saying “anti-capitalist” … in that the opportunity to incentivise was being missed so that an existing power structure could persist.
And, I don’t know, my experience tells me lots of places struggle with the quality of their managerial leadership, some times a lot, while people on the ground keep the place together and have plenty of insight on how to do things better.
NewDark@lemmings.world 1 day ago
There’s only one goal, profit / capital maximization. Everything else is secondary or in service of that end, such as efficiency.
A for-profit health insurance industry is deeply inefficient but very profitable for example.
maegul@lemmy.ml 1 day ago
Capital maximisation for a small set of individuals (the wealthy) or the economy in total? Where the latter can also achieve the former to some extent.
In the end I think capitalism can be more than one thing, which is something the strident anti socialism reflex of the US has stagnated.
And it’s easy to confuse ends with means and the status quo with its justifications.
NewDark@lemmings.world 1 day ago
Profit definitionally is value extracted from laborers. I own a factory. For every $40 of materials, and $40 dollars of labor, I can sell a product for $100 dollars. I definitionally made profit of $20 simply for owning the property it happens in.
You’ll notice there is an incentive to pay less to labor in order to make more profit. Labor wants to work the least amount of effort for the most amount of money, and capitalists want the most labor for the least amount of money. It’s an adversarial relationship. Any gains to claw back more profits will necessarily be adversarial and technically anti-capitalist.