• Maeve
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    32 years ago

    Capitalism exists by selling the value you produce for less than your labor costs ==> Capitalism exists by selling the value you produce for less than your labor costs [the capitalist/employer].

    It’s technically correct, but unclear.

      • Maeve
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        12 years ago

        Say you produce a $thousand fmv worth of x. Your capitalist employer sells x for $2000. They sold x for less than what they pay you, $500 worth of x.

        • @theUnlikely@sopuli.xyz
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          22 years ago

          I’m trying really hard to understand since you seem so sure. But $2000 is more than both $1000 and $500. I’m unable to see how it could be considered less.

          • @Killing_Spark@feddit.de
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            12 years ago

            Not OP but I think what they are saying is: Your labor is effectively worth the end-price of the product, e.g. the $2000 but you are selling your labor for less than that.

            It’s a very weird phrasing, most people do not look at labor as something being sold (even if it is a good way of thinking about it imo). It could just be that they are trying to wiggle out of a misunderstanding.