Make sense. In its inception, capitalism was putting work as the source of value creation. Rental is about asking money while nothing is produced.
The message is all confusing today because the people talking about the value of hard work are actually the ones who want to get huge returns from investment while paying as little as possible for the work done. Their end goal is to avoid working themeselves. Smith would despise them just the same.
Capitalism is based on the theoretical right of ownership in an era where only feudal aristocrats could own anything, in the present day and age many people in a capitalist society own their home and primary mode of transport and there isn’t a law per-se that restricts anyone from even being allowed to own a home or car or horse or whatever other than being under aged.
The next step is the degree to which that right should be that you can in theory own a home, vs the right to own a home in fact. IE, the equality of opportunity vs the equality of outcomes. This is another dimension in which class struggle is in fact intersectional with identity politics, as that same equality of opportunity vs equality of outcomes struggle is what defines a lot of modern race and gender relation conflicts in the present day, or at least what did before the right decided to drag us all kicking and screaming back to the 50s, the 1850s.
Make sense. In its inception, capitalism was putting work as the source of value creation. Rental is about asking money while nothing is produced.
The message is all confusing today because the people talking about the value of hard work are actually the ones who want to get huge returns from investment while paying as little as possible for the work done. Their end goal is to avoid working themeselves. Smith would despise them just the same.
Capitalism is based on the theoretical right of ownership in an era where only feudal aristocrats could own anything, in the present day and age many people in a capitalist society own their home and primary mode of transport and there isn’t a law per-se that restricts anyone from even being allowed to own a home or car or horse or whatever other than being under aged.
The next step is the degree to which that right should be that you can in theory own a home, vs the right to own a home in fact. IE, the equality of opportunity vs the equality of outcomes. This is another dimension in which class struggle is in fact intersectional with identity politics, as that same equality of opportunity vs equality of outcomes struggle is what defines a lot of modern race and gender relation conflicts in the present day, or at least what did before the right decided to drag us all kicking and screaming back to the 50s, the 1850s.