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Lazy moochers (lemmy.ml)
submitted 1 week ago by dessalines@lemmy.ml to c/memes@lemmy.ml
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[-] jumping_redditor@sh.itjust.works -3 points 1 week ago

risk is economically relevant, a 10% chance of $100 dollars or a 100% chance of $10 do not have the same use-value to everyone. Why not instead just force companies to pay asymptoticly more taxes for profit?

[-] Cowbee@lemmy.ml 3 points 1 week ago* (last edited 1 week ago)

Nothing needs to have the same use-value across all of society. What's important is that use-values are produced, and sold for their exchange-value on average. There's no reason to retain the profit motive or capitalism in general as a system. You should read the article I linked. Risk creates no value.

[-] jumping_redditor@sh.itjust.works -4 points 1 week ago

I never said risk creates value, I mentioned that removal of risk creates value. profit is the only way I'm aware of that let's me amass a horde of anything of value as such any system that doesn't allow profit is a failure.

[-] Cowbee@lemmy.ml 3 points 1 week ago

Removal of risk facilitates the creation of value, but isn't value itself. If, for example, it takes 100 dollars of constant capital and 20 dollars of variable to produce 100 widgets, with 10 dollars worth of raw materials being expected waste, reducing that to 0 results in 90 constant and 20 variable, which isn't creation of value itself but an improvement in the productivity of capital.

Profit through capitalist production, ie exploitation of labor, is stolen value. You can work to improve your material conditions in systems that aren't driven by profit, selling your labor-power is how the vast majority of people pay for their subsistence, but this isn't "profit," but wages.

Again, read the article.

this post was submitted on 27 Jul 2025
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