113
submitted 6 months ago by yogthos@lemmy.ml to c/news@hexbear.net
you are viewing a single comment's thread
view the rest of the comments
[-] yuritopia@hexbear.net 11 points 6 months ago

What I mean by this is that there is no choice for capitalists but participate in our economic system. If a "nice" business owner tries to be fair to their workers, give them the full value of their labor, etc., then they will be out-competed by a company that does not. As long as workers continue working for a company (no strike or anything), then the safest course for a business to take is maximum profit and wage exploitation. This way, they keep wages down, their shareholders are happy, etc. Now, there's always a balancing act they put on so that workers don't realize this, be that platitudes like game rooms at tech start-ups, all the way to traditional methods like raising wages.

Because of this, businesses will naturally gravitate toward anti-worker practice. As late-stage capitalism progresses, this becomes even more brutal. Now the biggest companies maintain their competitive advantage by lobbying, PACs, propaganda, owning the news stations. Joe Biden and Donald Trump both have lavish dinners with donors and business owners who discuss politics and national policy. And because these business owners are from Microsoft and Raytheon, they further America's goals (substitute America for any Capitalist country too). The capitalist class has centralized power because any individual in the class who tries to steer policy toward worker protections and limits on their own class are quickly out-competed.

I'm basing this analysis on some of the later chapters of Capital like Vol. 1, Ch. 25, Section 2 (I skimmed this just now to make sure I could word this response correctly). I do recommend the entirety of Capital for a scientific breakdown of worker power and commodity production. Hexbear has a reading group for the book going on now.

this post was submitted on 21 Mar 2024
113 points (100.0% liked)

news

23446 readers
709 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS