the hedge fund managers and c-level and other highly paid people in capitalist systems derive their wealth and income from control over ownership of capital: real estate, shares of companies, and so forth. real estate value ultimately depends on the ability to extract rents and mortgages from working people, taking a portion of their labor value in exchange for a temporary reprieve from the organized political violence that excludes people from using property. the value of ownership of a company depends on the ability of the company to make a profit, collecting more revenue than it pays out in expenses, including payroll. so it depends on the ability of the company to extract a portion of the labor value of its employees and transferring that to hedge fund managers, shareholders, and ceo's. that is the logic of capitalism, and it's how every billionaire obtains their wealth: extracting the value of others' labor.
the hedge fund managers and c-level and other highly paid people in capitalist systems derive their wealth and income from control over ownership of capital: real estate, shares of companies, and so forth. real estate value ultimately depends on the ability to extract rents and mortgages from working people, taking a portion of their labor value in exchange for a temporary reprieve from the organized political violence that excludes people from using property. the value of ownership of a company depends on the ability of the company to make a profit, collecting more revenue than it pays out in expenses, including payroll. so it depends on the ability of the company to extract a portion of the labor value of its employees and transferring that to hedge fund managers, shareholders, and ceo's. that is the logic of capitalism, and it's how every billionaire obtains their wealth: extracting the value of others' labor.
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the hedge fund managers and c-level and other highly paid people in capitalist systems derive their wealth and income from control over ownership of capital: real estate, shares of companies, and so forth. real estate value ultimately depends on the ability to extract rents and mortgages from working people, taking a portion of their labor value in exchange for a temporary reprieve from the organized political violence that excludes people from using property. the value of ownership of a company depends on the ability of the company to make a profit, collecting more revenue than it pays out in expenses, including payroll. so it depends on the ability of the company to extract a portion of the labor value of its employees and transferring that to hedge fund managers, shareholders, and ceo's. that is the logic of capitalism, and it's how every billionaire obtains their wealth: extracting the value of others' labor.
Your name checks out with that post.