this post was submitted on 25 Jan 2024
663 points (95.6% liked)
Memes
45596 readers
1490 users here now
Rules:
- Be civil and nice.
- 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
view the rest of the comments
How profitable for both sides business relationships are detrimental to economic ecosystem?
In the example regarding the brokers look at whos labor they're profiteering from it's not their own.
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?
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.
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?