this post was submitted on 25 Jan 2024
648 points (95.5% liked)

Memes

45660 readers
1094 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] MxM111@kbin.social 1 points 9 months ago (1 children)

Are you talking about broker taking commission when buying and selling stock? They provide service of buying/selling and the commission is the service fee. Why is it not their labor?

[–] EchoCT@lemmy.ml 0 points 9 months ago (1 children)

Moving fake numbers representative of labor is not in itself labor. It's extraction of labor value from someone who actually provided something useful to society.

[–] MxM111@kbin.social 1 points 9 months ago

Moving numbers or information representing anything or nothing is a service processed to the one who purchased the service - to the person or institution that wants to buy or sell stock. Why is it not labour? Do you not count sales person actions in a store as labour?