Comment on Can the Liberal Party recover? | 7.30

• thatKamGuy@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

  Yeah, nah.

  Very few Aussies are in a position such that their money earns their income, rather than their labour.

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  • Eyekaytee@aussie.zone ⁨1⁩ ⁨month⁩ ago

    I’d say it’s a mix, most Australians would have some sort of equity in stock or investment property or something like this

    I just realised you’re referring to communism I think, I’m not sure if you’re joking or a uni student

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    • thatKamGuy@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

      I’m a 40-something white collar worker earning a six figure income, that predominantly is as a result of my labour.

      Just because my wife and I own shares that pay dividends, as well as having a few other sources of “passive” income mean that we aren’t part of the labour force.

      The Capitalist class refers to individuals with an 8+ figure net worth who’s primary source of income is passive - ie. their wealth and political influence is on a scale that dwarves what the other >99% of the nation.

      source