this post was submitted on 16 Nov 2023
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Capital is dead labor (lemmy.ml)
submitted 9 months ago* (last edited 9 months ago) by Grayox@lemmy.ml to c/memes@lemmy.ml
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[–] JoYo@lemmy.ml 4 points 9 months ago (1 children)

i love it when socialists argue against the concept of debt and currency.

[–] huge_clock@lemmy.world 1 points 9 months ago

Capital is more like stored labour. The first ever capital was just a starp stick or spear. Someone spent labour and it resulted in a more productive way to hunt animals. This almost immediately would’ve resulted in inequality as the spear hunter caught more game. It’s not that the capital was taking anything from the labourer, it’s actually that capital and labour work really well together and humans are more productive with capital.