this post was submitted on 07 Nov 2023
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] Seasoned_Greetings@lemm.ee 5 points 1 year ago* (last edited 1 year ago)

Labour/hours worked is not the basis of value

What a ridiculous statement. Without labor, there would be no value. Amazon didn't become overwhelmingly rich by selling pallets of nothing. Elon musk didn't inherit pockets full of air to gain his fortune. Hell, even Warren Buffet, world renowned investor, doesn't make all of his money investing in companies that sit around and don't produce anything.

Labor is the basis of value. Knowing how to (or often just paying others to) manipulate that labor is what makes billionaires. And very often, the seeds of a billionaire are inherited funds that the average person may not see over their entire lifetime. The whole "smart workers become billionaires" bit is a load of shit and making that statement is being frighteningly blind to the reality of the established classes.