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Of course it does. Because everyone does. That's always a trade-off. But you can't profit at all without any means. Unless you regulate the two together, your company will go bankrupt... Unless of course... You have a central bank.

Not a capitalism problem. A money printing one. There is nothing wrong with the incentive structure to improve profits. More profit means more progress. The problem again, is money printing, as now they can profit without progress. That's not possible with hard money.

BlueDuckBTC 9mo ago

Ahhhh, “profit without progress”, I found the splinter. See, I’m a believer in “proof of work” and see the wealth divide as a problem due to “exploitation of labor” and the “means of production”. What was your definition of greed?

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Discussion

OceanSlim 9mo ago

Wanting more tomorrow than you have today. Everyone has this to some degree or another. The means by which you deal with that greed can be good or bad. Labor can't be exploited in capitalism. You have the freedom to work or not work wherever you want for whatever amount you freely agree to. Labor IS exploited in communism and socialism. Us capitalists have greatly benefited (in terms of our purchasing power relative to theirs) from external exploitation of labor in THESE systems. To our detriment of hollowing our industrial base. By extension, exporting our labor to unjust systems has been the cause of global wealth disparity.

BlueDuckBTC 9mo ago

This is completely, factually not true, so much so that you are intentionally or naively ignoring history.

OceanSlim 9mo ago

Tell me how my labor is exploited in capitalism. Please. How can one be exploited when they are free to work wherever they want for whatever wage they agree to?

BlueDuckBTC 9mo ago

Easy, research Chinese factory workers for many different corporations. Do you need examples? Or, look up coal miners. Then read more on socio economics.