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/liberty/ - Liberty

Non-authoritarian Discussion of Politics, Society, News, and the Human Condition (Fun Allowed)
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Ya'll need Mises.

File: e9a1199fbb99bae⋯.jpg (72.75 KB,537x725,537:725,1557941385346.jpg)

 No.102230

Why do you guys like your surplus labor value being taken by your boss?

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 No.102232

File: d5e0086ad9fc960⋯.png (429.27 KB,537x725,537:725,fixed.png)

I agree, leftypol, taxation is theft.

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 No.102233

File: a794c00fc4e5835⋯.jpg (228.65 KB,1280x960,4:3,3TssR9fG-hc.jpg)

Maybe I am the boss, soyboy? Now get back to work, your break is over.

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 No.102236

>>102232

how do capitalists produce value?

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 No.102237

Invidious embed. Click thumbnail to play.

>>102236

They don't, but workers don't either.

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 No.102239

>>102237

then why should anyone make money of something that already has value?

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 No.102240

File: f8b87671bb30086⋯.jpg (89.4 KB,569x802,569:802,cia.jpg)

>>102230

If you want to move your economy beyond state of simple production for subsistence, you need to extract surplus value - otherwise whole production would be used for consumption and there would be no investment funds (which are of course needed for both economic growth and because of gradual depreciation of capital), that's why surplus value existed even in commie countries where workers obviously did not own the entire value of their labor. That being said, investment funds could be pooled from workers' savings, but that would require an efficient capital market with a positive interest rate to account for time preference, which of course as we now is absent in communist utopias since the same economic laws that establish interest rates (time preference of lenders) are behind the existence of profits (time preference of workers).

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 No.102243

Prevent consolidation and you won't need a boss

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 No.102245

>>102239

You missed the point. Value is entirely subjective, so technically speaking end users are the only ones who create value. The reason anyone "should" make money is that they are facilitators of value to the consumer, and they take a commission for providing this service to you.

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 No.102246

What you refer to as the stolen surplus value is, in actuality, a price workers are willing to pay to have a higher amount of certainty and lower amount of time waited to receive payment for their work. Since the entrepeneur is responsible for buying and maintaining them and only earns revenue if he sells the product of his investment, he runs the risk of operating at a loss. It is really a matter of time preference and willingness to take risk. The entrepeneur risks more to earn a larger potential profit in the future, and the worker earns less than they would otherwise put gets paid more certainly and immediately, unless their employer goes out of business or refuses to pay them the agreed upon wage (which would be a criminal breaking of contract in a libertarian social order.) Of course, workers have every right to purchase their own capital and maintain and operate it and share the profit.

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 No.102247

>>102230

If commies cared so much about poor people (workers) having the potential to "own" the "means of production" they would protest more against regulatory bodies, licensure, and legislation that prevent them from starting businesses instead of pushing everyone towards a centralized system where nobody owns anything except the state.

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 No.102272

>>102230

Libertarians, all 12 of them, are white and whites exist to be slaves. It's their instinct

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 No.102283

File: c26189eb8638982⋯.png (17.13 KB,625x626,625:626,1419790019621405663.png)

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 No.102306

That might be true if the "worker" put in the initial investment into the company, worked to expand it, and took all the risks.

The benefit to being an employee is when your company fails you just move to another job, while your boss has to throw himself in front of a train so his family can get the insurance policy and pay off some of the debtors.

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 No.102309

If the worker got all the value then your boss will have no incentive to run the company,meaning that you wont have a job

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 No.102333

>>102283

>truth is bait

Hey liberal, shouldn't your newfag ass be on /pol/?

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 No.102334

>>102230

If the value that the company takes truly is undeserved why don't employees simply quite and keep the value themselves or offer said value without being employed by a company? It is because the structure and benefits said companies provide outweigh the surplus value to the point of necessity. Not to mention if you are employed you probably agreed to the terms therefore really its your fault if you think said arrangement is unsatisfactory and if there is no other person willing to hire then perhaps you might not make as much value as you think you do.

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 No.102337

>>102334

No, it's clearly because the system forces you to work for Amazon, at gunpoint. If I don't do anything I'll starve to death. That's not freedom.

>perhaps you might not make as much value as you think you do.

How dare you suggest that some workers don't deserve the wages they are paid. You're probably an evil capitalist who hates fair working conditions for Africans and likes child labor. I stand with workers. #UnionsAreWorkingPeopleWhoStandTogether #CaliforniaLaborFederation

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 No.102353

>>102272

fortunately im slav and slav arent white :^)

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 No.103059

>>102230

The worker, on his own, can make one "value".

The capitalist's capital enables the worker to make 8 "value" instead.

The capitalist uses 5 of those "value" to cover the cost of maintaining the capital and paying off loans for having it built in the first place.

The capitalist keeps 1 "value" for himself.

Repeat across one million workers, and those workers collectively now have 1 million more "value" than they otherwise would have had, and so does he.

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