Is it necessary for Capital and Labor to be so opposed? It doesn't seem like the optimal arrangement. Wouldn't increased cooperation between these 2 sides reduce risk for both?
Is it necessary for Capital and Labor to be so opposed? It doesn't seem like the optimal arrangement. Wouldn't increased cooperation between these 2 sides reduce risk for both?
Why should labor cooperate with these parasite heirs who suck off of their wealth-creating ability? Labor hasn't historically, and doubtless will in the future. Capitalism is the fourth major economic system the world has seen, and a rather unstable one. Marx said crises like 2008's $700 billion TARP bailout were harbingers of an eventual total economic collapse, and I for one believe that - one day the economy will go into the ditch and no bailout, New Deal or libertarian type solution will get it going again.
Labor should not get compensated for that which they are not owed and did not agree to.
It's that simple.
If they don't like the terms, they can go create their own wealth elsewhere, like so many millions of people before them have had to.
Your theory is that labor deserves to be paid something they didn't bargain for, and that does not in fact belong to them. You're arguing in favor of violent theft, because that's the only way such a system can ever be implemented, through extreme violence; there is no other way to give labor money that isn't owed to them, and does not belong to them, you have to steal it with guns.
Here's your scenario: so I have $1,000 to my name. You have $50,000. I don't like that you have what I consider to be capital, and I don't think you deserve it. I think that capital should be taken from you, because you're a rich person compared to me. I think you should have to give me most of your money.
It's a spiral to oblivion, because there's always someone richer and better off, and someone claiming that someone else doesn't deserve what they have. It's a system of envy and violence.
but lately there's been a chorus such as this one in attempt to change social opinion to tax capital gains more. to do so, you must start drawing lines, using this vs that.