Comment on Can the Liberal Party recover? | 7.30
thatKamGuy@sh.itjust.works 4 weeks agoYeah, nah.
Very few Aussies are in a position such that their money earns their income, rather than their labour.
Comment on Can the Liberal Party recover? | 7.30
thatKamGuy@sh.itjust.works 4 weeks agoYeah, nah.
Very few Aussies are in a position such that their money earns their income, rather than their labour.
Eyekaytee@aussie.zone 4 weeks 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
thatKamGuy@sh.itjust.works 4 weeks 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.