130

Look, even Wikipedia admits it!

Passive income is a type of unearned income that is acquired with little to no labor to earn or maintain.

glasses-off "I work very hard as a landlord"

glasses-on "I am a leech on society"

you are viewing a single comment's thread
view the rest of the comments
[-] Philosoraptor@hexbear.net 7 points 3 months ago* (last edited 3 months ago)

What I'm trying to tease out here is whether or not you think that passive income just means income for labor that is temporally separated from payment, which it seems like you do. That seems like not a particularly useful category of cases to talk about, at least to me. I don't really think there's much point in arguing about the "standard" definition, because it's a buzzword, not a precisely defined technical term.

The complaints on this thread are mostly treating "passive income" as a synonym for "rent seeking" (which is a rigorously defined technical term). Your definition includes things that aren't rent seeking, and just involve getting paid in the future for labor you did today. Again, I'm not saying your definition is wrong (because there's no precise definition to be wrong about), but it's talking past the other criticisms on this thread.

this post was submitted on 11 Jul 2024
130 points (100.0% liked)

chapotraphouse

13487 readers
938 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Vaush posts go in the_dunk_tank

Dunk posts in general go in the_dunk_tank, not here

Don't post low-hanging fruit here after it gets removed from the_dunk_tank

founded 3 years ago
MODERATORS