Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.
~Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations
Because you need poor desperate people to sell their labor for less than it’s worth, so a rich guy can take this surplus (difference between value produced and wage given) and use that money to buy even more raw materials and labor to repeat the cycle but bigger.
And then you get debt, what you can give to the less fortunate so you can demand they pay back more so you create new desperate people that sell their labor.
I think we do more than allow it.
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Why, again?
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Yeah usually but that’s on another screen. Why do you ask?
$
And that’s what exactly?
Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.
~Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations
Okay so now we’re right back to ‘why?’.
Because you need poor desperate people to sell their labor for less than it’s worth, so a rich guy can take this surplus (difference between value produced and wage given) and use that money to buy even more raw materials and labor to repeat the cycle but bigger.
And then you get debt, what you can give to the less fortunate so you can demand they pay back more so you create new desperate people that sell their labor.
And… Why do we keep doing this, again?
Because of sea lions.
There is apparently always someone who values their own wealth over any benefit of others. So, they exploit others to enrich themselves.
It’s just selfishness all the way down.
The others, have little wealth of their own, so have little power to resist the exploiter.
So, we keep doing this because of kayfabe and terrorism?