It's actually a pretty broad definition.
To exploit something for personal gain is pretty broad.
It is the only way a concept like profit can even arise.
If we had the idea that the money generated by some group engaged in an enterprise belonged to the people in that group then the idea of profit doesn't even exist.
But when you exploit some in the group and say that the money generated does not belong to everybody the idea of profit can arise.
But you are then deciding what you think is personal gain. By your definition a worker to can be an exploiter too. I hire a babysitter so I can go to dinner with my SO, that's a capitalist too.
But you are then deciding what you think is personal gain. By your definition a worker to can be an exploiter too. I hire a babysitter so I can go to dinner with my SO, that's a capitalist too.
No. The babysitter gets all the money. Nobody besides the babysitter gains financially through the performance of the service.
It is not exploitation to pay for a service.
It is exploitation to get something for a service you have not done.
Societies are defined from the top. Pure and simple. Doing Everything corrective requires pummeling institutional barriers, or, getting authority to see their own interests are at risk if the institutions don't change.
But you also have to prove to the bottom that change will make a different. Socialism has tried to be adopted and failed miserable. So you have to show something more than, things suck now but a great miracle will happen and things will be better.
That's a stupid article and that will always be a stupid argument.
That's a stupid article and that will always be a stupid argument.
Calling it stupid is not a rebuttal. What's wrong with it?
The reason, which was mentioned several times, is that the standard of living of working class rose between pre-Depression and 50s/60s. Why is that, and why shouldn't the trend of increasing living standard for average worker have continued until now?That's a stupid article and that will always be a stupid argument.
Calling it stupid is not a rebuttal. What's wrong with it?
The idea that the reason we need two or more incomes to support a middle class family is because our lives are so much more lavish is bunk. The life of a middle class family living on a single income in the 60s is far more lavish than that of a middle class family living prior to the Depression.
How are you defining lavish? Did the families back then have multiple Ipads, TVS, gaming systems, computers per person in the household? For the people who had healthcare was it better? Did they survive heart attacks in better numbers? Was cancer survival rates better? Did they have bigger houses back then with more amenities like bigger fridges, freezers, microwaves and ovens?
Exactly.What Ford said
Who's the capitalist? Your scenario has artisans with their own capital and a merchant. A merchant they'd cut out if the shoes sell.Stock holders are not capitalists unless they own enough to control something.
They are contributors to the capitalist system, but all they are doing is handing over money and hoping things work out. And with the bursting of the economic bubbles that constantly arise many of these stock holders lose everything.
A capitalist is somebody who uses money to exploit something for their gain, be it some natural resource or human beings.
There is no requirement that these people have any leadership abilities. All they need is money and personal greed.
So here is a scenario.
In location A you have the raw materials, a tanner who makes and sells leather.
In location B you have the skill set, a cobbler who turns leather into shoes.
In location C you h ave the market, people who want to buy shoes.
The tanner would love to sell his leather to the cobbler, but the cobbler doesn't have enough money to make the initial investment. He has skills but no resources. He asked the tanner for credit, explaining that if the shoes do sell at location C he'll have enough to pay back the tanner. The tanner refuses saying that it is too risky and asks who will cover the transportation costs. There is a driver that goes between towns A, B, and C, but he only drives when hired and doesn't invest in goods in any location.
Along comes an entrepreneur. He sees this mess and say "I will use my personal money to cover these transactions. I will purchase the leather at point A, hire the driver to transport the leather to point B, hire the cobbler to work the leather into shoes, hire the driver to transport the shoes to point C, and sell the shoes at point C. If I guess correctly there is a market at point C and I will recoup my investment and also make a profit. If I guess incorrectly, I am the only one who loses money; the tanner, the driver, and the cobbler all get paid."
Who is being exploited and who is doing the exploiting?
The reason, which was mentioned several times, is that the standard of living of working class rose between pre-Depression and 50s/60s. Why is that, and why shouldn't the trend of increasing living standard for average worker have continued until now?Calling it stupid is not a rebuttal. What's wrong with it?
The reason, which was mentioned several times, is that the standard of living of working class rose between pre-Depression and 50s/60s. Why is that, and why shouldn't the trend of increasing living standard for average worker have continued until now?Calling it stupid is not a rebuttal. What's wrong with it?
How are you defining lavish? Did the families back then have multiple Ipads, TVS, gaming systems, computers per person in the household? For the people who had healthcare was it better? Did they survive heart attacks in better numbers? Was cancer survival rates better? Did they have bigger houses back then with more amenities like bigger fridges, freezers, microwaves and ovens?
Again, you need to put things into perspective. Yes, we have flat screen TVs, video games, computers, and microwave ovens...technology far beyond anything a family in 1960 could imagine. The same would be true if you wound the clock back another turn. A middle class family in 1910 would not have a television, probably wouldn't have an automobile, a refrigerator, and maybe not even a telephone. A 1960s home would seem to them like a technological marvel.
But here's the point you seem to be missing:
Had the earning power of a typical middle class family kept up, they'd be able to afford all the stuff you listed, and they'd be able to do it on one income.
Who's the capitalist? Your scenario has artisans with their own capital and a merchant. A merchant they'd cut out if the shoes sell.So here is a scenario.
In location A you have the raw materials, a tanner who makes and sells leather.
In location B you have the skill set, a cobbler who turns leather into shoes.
In location C you h ave the market, people who want to buy shoes.
The tanner would love to sell his leather to the cobbler, but the cobbler doesn't have enough money to make the initial investment. He has skills but no resources. He asked the tanner for credit, explaining that if the shoes do sell at location C he'll have enough to pay back the tanner. The tanner refuses saying that it is too risky and asks who will cover the transportation costs. There is a driver that goes between towns A, B, and C, but he only drives when hired and doesn't invest in goods in any location.
Along comes an entrepreneur. He sees this mess and say "I will use my personal money to cover these transactions. I will purchase the leather at point A, hire the driver to transport the leather to point B, hire the cobbler to work the leather into shoes, hire the driver to transport the shoes to point C, and sell the shoes at point C. If I guess correctly there is a market at point C and I will recoup my investment and also make a profit. If I guess incorrectly, I am the only one who loses money; the tanner, the driver, and the cobbler all get paid."
Who is being exploited and who is doing the exploiting?