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🇩🇪 DE/EN 🇬🇧

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Joined 1 year ago
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Cake day: June 21st, 2024

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  • All companies work that way, or they risk to fail. The maximization of profit stems from the need to stay competitive. If your competitor can produce the same amount of goods for a lower price, you won’t be able to sell yours for a cost-covering price and therefore go bankrupt. Instead, you then have to find a way to be more efficient by investing in your business. To be able to invest, you have to have created profit. Once you have done that, your competitor has to do the same and the cycle starts anew. That’s the idea of modern capitalism.

    By my reading you’re taking the use of the first term and then saying they are using the second term. I think this is called equivocation.

    I am not sure what you mean by that. I tried to show that just because someone sells something, they are not necessarily a capitalist.




  • A farmer selling their produce is not necessarily a capitalist. A farmer toiling on their own field sells the fruit of their own labor, so to speak. One step up are what Marx calls “Little Masters”: They own and work their means of production, but sometimes have employees such as farmhands or apprentices (Think companies where the owner still works in the workshop). Actual capitalists are detached from the production process: They no longer work, but simply own the so-called means of production and exploit others by buying their labor force for less than their produced result is worth.