General Discussion

Blue_true

(31,261 posts)

51. You completely missed the point.

Tue Mar 12, 2019, 09:32 PM

Mar 2019

If I hire a worker, the person is hired with the expectation that he or she will allow me to expand output, and hopefully sales. Yes, I will pay that person less than the increased revenue because that revenue came about because of the new worker and me spending more money on materials and resources to support that worker's work, if I paid all the profit to the employee. I just as well should fire everyone and close down, because the end result if I don't will be deep debt for me.

Maybe you should try owning a business, then try what you are suggesting.

Edit history

Please sign in to view edit histories.

61 replies

= new reply since forum marked as read

Highlight:

I'm a capitalist, with a small "C" [View all] MineralMan Mar 2019 OP

K&R stonecutter357 Mar 2019 #1

Eh, technically you are self employed, not a capitalist, a capitalist has to accumulate capital... Humanist_Activist Mar 2019 #2

I capitalized on my own labor, for which I was not often paid nearly enough. MineralMan Mar 2019 #4

I work 2 jobs, Tech support for a call center, and I work at a retailer as mostly a truck unloader. Humanist_Activist Mar 2019 #5

OK. MineralMan Mar 2019 #7

Good for you, do you think it is that easy anyone today? Typical Boomer mentality... Humanist_Activist Mar 2019 #54

Incorrect I think. Adrahil Mar 2019 #36

How does that work when it comes to market socialist systems such as using private co-ops... Humanist_Activist Mar 2019 #46

Thanks. I would say that most democrats are in favor of capitalist ideas while also appreciating.. lancelyons Mar 2019 #3

Really nice story. Yavin4 Mar 2019 #6

I don't know whether I maximized my profits or not. MineralMan Mar 2019 #8

My point in writing my story is that capitalism is not just one thing. MineralMan Mar 2019 #9

Personal anecdotes are not data n/t Yavin4 Mar 2019 #10

But each is a datum. MineralMan Mar 2019 #11

All it takes is one personal counter-example to disprove a generalization that is wrong. n/t pnwmom Mar 2019 #58

OK, that's great. BUT CAN YOU PLAY A MUSICAL INSTRUMENT? trof Mar 2019 #12

Yes. I play the oboe and the euphonium. MineralMan Mar 2019 #15

OK, OK...but CAN YOU TAP DANCE? trof Mar 2019 #24

I won't dance; don't ask me... MineralMan Mar 2019 #28

Do you ever get mixed up? pangaia Mar 2019 #29

Nah. One's black and skinny. The other is big and brassy. MineralMan Mar 2019 #30

"No, but I can do THIS." Honeycombe8 Mar 2019 #20

I can do that! I can do that! trof Mar 2019 #25

Pay no attention to the grumpy-pants replies. You kind of remind me of my BIL... Hekate Mar 2019 #13

He's lucky. MineralMan Mar 2019 #16

You are an entrepreneur not a capitalist PufPuf23 Mar 2019 #14

There are several definitions, including this one: MineralMan Mar 2019 #18

By that definition of "capitalist," MANY of us are capitalists. Honeycombe8 Mar 2019 #21

Not the standard defitition, though. MineralMan Mar 2019 #22

Entrepreneurs are capitalists. They own private property, control what they produce, pnwmom Mar 2019 #59

I support businesses, too. Honeycombe8 Mar 2019 #17

Most DUers work for capitalists. MineralMan Mar 2019 #19

maybe the difference is big C vs small c KayF Mar 2019 #23

And that's the point of my post, in the first place. MineralMan Mar 2019 #31

K&R ismnotwasm Mar 2019 #26

I'd have to have some capital first. Kurt V. Mar 2019 #27

If you have an idea that meets a need of a lot of people, start small. Blue_true Mar 2019 #50

Do you have to be one or the other? Act_of_Reparation Mar 2019 #32

The point is that we should avoid lumping all capitalists together. MineralMan Mar 2019 #33

Who exactly is lumping all capitalists together? LanternWaste Mar 2019 #34

Here's my question: Why should I reply to you at all? MineralMan Mar 2019 #35

there's a debate which really doesn't center on individual capitalists on your scale bigtree Mar 2019 #38

Unregulated capitalism can produce inequities. MineralMan Mar 2019 #39

yeah, I do agree broad declarations against capitalism don't cut it. bigtree Mar 2019 #40

That's wonderful! MineralMan Mar 2019 #41

Well, when I hear stuff like.... Adrahil Mar 2019 #37

Slackist keyboard warriors gonna start slacktivist keyboard wars. Act_of_Reparation Mar 2019 #42

Presumably you paid yourself in full for the value you produce? aidbo Mar 2019 #43

Oh, dear. You missed the part where I said I never had any employees. MineralMan Mar 2019 #44

I didn't miss that part. aidbo Mar 2019 #48

The capitalist pockets $50. Blue_true Mar 2019 #52

Oh, hi. The math is easy. aidbo Mar 2019 #55

So somehow. Blue_true Mar 2019 #56

Ok, follow along closely now because after this I'm done. aidbo Mar 2019 #57

All I can say is Hahahaha..... Blue_true Mar 2019 #61

There is nothing that requires a capitalist to employ other people. MM did own his personal means of pnwmom Mar 2019 #60

But "value" is subjective. Always has been. Adrahil Mar 2019 #45

Sounds like you have either owned a business or are responsible for helping one survive. Blue_true Mar 2019 #53

You completely missed the point. Blue_true Mar 2019 #51

I suppose I may be considered a capitalist and a socialist. David__77 Mar 2019 #47

You sound like a true Capitalist. Blue_true Mar 2019 #49