5 ms·
Capitalism rewards those who CAPTURE the most value, not those who create it. Capitalism at its core is a system of expropriating the value of labor by those wi
by rfwhyte 6mo ago
Capitalism rewards those who CAPTURE the most value, not those who create it. Capitalism at its core is a system of expropriating the value of labor by those with capital who themselves create absolutely nothing.
- zozbot234 6mo agoCapital allocation is a serious job with very real consequences. The decision of how many AI datacenters should be built, to take an an unusually topical example, is one of capital allocation. Central planning is not a viable solution, it has failed everywhere it's been tried.
- swed420 6mo ago> Central planning is not a viable solution, it has failed everywhere it's been tried. Laughs in chinese (and yes I'm aware they use instances of capitalism. The difference is they have hard checks in place)