glimmer_twin [he/him]

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Joined 5 years ago
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Cake day: July 26th, 2020

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  • glimmer_twin [he/him]@hexbear.nettoMemes@lemmy.mlLazy moochers
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    6 hours ago

    Yeh I’m coming back to this thread late, but I have conflated “bosses” and “owners” (or more technically “capitalists”, or more specifically “people who do nothing except sit back and watch their portfolio increase” lol).

    I actually thank you for this comment chain, because it’s reminded me to choose words more specifically and not just assume everyone’s on the same page when it comes to terminology. Of course every workplace needs people to manage it, even if there were no individual owners!


  • glimmer_twin [he/him]@hexbear.nettoMemes@lemmy.mlLazy moochers
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    21 hours ago

    The labour theory of value is completely compatible with everything you just said.

    10 workers do 1 value worth of work on product, whether that be manufacturing, shipping, logistics, marketing, so on

    boss pays them 0.5 value each

    boss sells for 10

    boss lives off the stolen 5 value

    I am posing this in the most abstract simple way possible. Obviously in an actual supply chain, many bosses would be stealing different amounts of value all throughout the process, as each worker added value to the final product over time.