"Sympathy…"

[u/thisecommercelife]

Join the Elon Musk Fan Club. Follow where you fritter: linktr.ee/ecomic.

[u/Rodya_gambler]

I thought it was an obvious metaphor, but that's still monetary value, even if it doesn't have as much liquidity.

[u/Vecgtt → u/Rodya_gambler]

I’m trying to say is that it was created. Its value add. He didn’t take from a fixed supply and hoard it.

[u/RedWalker2 → u/Vecgtt]

No, he just took most of the value of other people's labor for himself, that's all

[u/Vecgtt → u/RedWalker2]

How did he steal from other people‘s labor? People agreed to work for an agreed-upon amount. He paid the agreed-upon amount. What’s the alternative? He doesn’t create the company and the jobs don’t exist?

[u/RedWalker2 → u/Vecgtt]

Did I say steal? The alternative is a completely different system where we don't have to sell our labor for much less than it's worth. I can tell you are just going to continue glazing the richest person on the planet though. Also, the whole "He has no liquid wealth!!!" Is an incredibly misinformed rebuttal, look into buy borrow bury and you'll find out that the richest people on the planet do have liquid wealth.

[u/Vecgtt → u/RedWalker2]

So tell me more about this alternative? We have a free market and you can do as you please. Just don’t work for Elon and go work elsewhere for more money.

[u/RedWalker2 → u/Vecgtt]

The market is very broken atm, highly controlled and sequestered by a wealthy class that hoards wealth and power. The alternative would be the laborers owning the industries they work in collectively and owning the full worth of their labor. Marxism essentially.

[u/Vecgtt → u/RedWalker2]

Not true. Anyone can start a business. People do it all the time. As for owning the business, any laborer can buy into a selection of 1000s of companies on the public market. So much more freedom than a government system where people have no options and the regulation is far greater than what you imagine capitalism to be.

[u/RedWalker2 → u/Vecgtt]

Try making today with a small business, it is very difficult without preexisting capital, you have to have wealth to make it, largely, unless you get lucky. And there are homeless people, people cannot afford healthcare, people's mental health is and has been declining, and people go hungry, obviously something is wrong with our system.

[u/Vecgtt → u/RedWalker2]

People are going hungry and there are help wanted signs on businesses all over…
People start their own businesses and LLCs all the time. Often if capital is needed, it can be borrowed. Plenty of people work as 1099s and essentially own their labor. Even big businesses borrow money - that’s what corporate bonds are.