Link to this brain cancer: https://learn.robinhood.com/articles/7ugOBaabou2fY0bzAls2pP/what-is-socialism/

  • Audeamus [any]
    ·
    4 years ago

    Under Capitalism, each person is entitled to the wealth they create from their land, labor, equipment, and entrepreneurship.

    The wording of the sentence gives away the game. In what sense does one "create wealth" from their land or equipment? If you don't work them, YOU don't create any value from them, other people do. The land and equipment themselves obviously contribute to wealth creation, but the owner is irrelevant. If I squeeze a lemon, the owner of the lemon didn't create any lemonade.

    Entrepreneurship is also a form of labor (organizing capital and labor to help create wealth) except when it's bullshit-artistry (cutting in on the created wealth).