The average US worker has a salary of $46,800 (in 2018) before taxes. Assuming they saved everything and spent nothing, it would take over 5 years for them to make 250k. Again, this is before taxes, and without spending anything. For the vast majority of people, 250k is a lot of money.
Exactly. So you agree that it’s impossible to earn and save a billion dollars just by working hard. It requires either exploiting your workers by stealing their surplus value, or by using the market by short-selling, using hedge funds, trading through illegal offshore numbered accounts, derivatives, etc.
or by using the market by short-selling, using hedge funds, trading through illegal offshore numbered accounts, derivatives, etc.
Which is also just stealing surplus value by proxy, since return on investment is simply a share of the company’s profits, which is itself just surplus value, or unpaid labor.
If I don’t take what my boss offers I will starve to death and die. That is not what I would consider a strong bargaining position. I can go to the other company that I could work at but they both work together to keep wages low. I have no power to improve my status because the system is rigged against me and every worker like me
So you are saying that as black people on average don’t earn as much as white people they just aren’t as good as them? It is their fault for the way the system treats them? I would hope that is obvious ridiculous to you. However the average person has just as much control over the capitalist system as black people have over the police state.
When you’re old enough to work you’ll sell it to whoever you can at whatever price they offer and you’ll be lucky to get annual raises that match inflation.
i wonder if the nature and specialization of your professional work is what allows you to be like that with employers, i imagine the local cashier at mcdonalds doesn’t have that kind of bargaining power
The average US worker has a salary of $46,800 (in 2018) before taxes. Assuming they saved everything and spent nothing, it would take over 5 years for them to make 250k. Again, this is before taxes, and without spending anything. For the vast majority of people, 250k is a lot of money.
Assuming they saved everything and spent nothing, the average worker would have to work the entire length of all human history in order to earn a billion dollars. If they were to make as much money as Jeff Bezos, they would have to work for 2.8 million years.
Assuming you earned a million dollars every year, it would take 1000 years to earn your first billion dollars.
It’s not possible to become a billionaire simply through working, as humans do not live that long.
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Exactly. So you agree that it’s impossible to earn and save a billion dollars just by working hard. It requires either exploiting your workers by stealing their surplus value, or by using the market by short-selling, using hedge funds, trading through illegal offshore numbered accounts, derivatives, etc.
Which is also just stealing surplus value by proxy, since return on investment is simply a share of the company’s profits, which is itself just surplus value, or unpaid labor.
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If I don’t take what my boss offers I will starve to death and die. That is not what I would consider a strong bargaining position. I can go to the other company that I could work at but they both work together to keep wages low. I have no power to improve my status because the system is rigged against me and every worker like me
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So you are saying that as black people on average don’t earn as much as white people they just aren’t as good as them? It is their fault for the way the system treats them? I would hope that is obvious ridiculous to you. However the average person has just as much control over the capitalist system as black people have over the police state.
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When you’re old enough to work you’ll sell it to whoever you can at whatever price they offer and you’ll be lucky to get annual raises that match inflation.
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what do you do for a living?
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i wonder if the nature and specialization of your professional work is what allows you to be like that with employers, i imagine the local cashier at mcdonalds doesn’t have that kind of bargaining power
deleted by creator