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Companies do not extract value, they create value which is then transferred to the people via the market through voluntary exchange (ideally). Where have you le
by _uxvx 2y ago
Companies do not extract value, they create value which is then transferred to the people via the market through voluntary exchange (ideally). Where have you learned about those things? Oh, yeah, “community” , i.e. Marx.
- high_na_euv 2y ago>Companies do not extract value, Oil and minning companies too?
- _uxvx 2y agoYes, before the resource is taken out of the Earth it doesn’t exist, it is created in a sense by them. Look at Venezuela - they are dying of hunger with all the oil in the world (Russia, too) But socialist ideas prevailed there and the bad companies are banned.