@KevinCarson1
Capitalism relies on rewarding "excess value" to people who own capital, but what exactly does that mean?
"Excess value" simply means that the people who actually do the work aren't getting paid the full value of their labor and the cost of the products or services they provide don't reflect their actual value.
Enshittification is the very core of capitalism.
@hyc @KevinCarson1 also someone's income is less than ever linked to their contribution to society.
Otherwise paramedics and ER surgeons would earn more than banksters, and firefighters more than insurance brokers.
It's one reason why there isn't a cure for cancer. Or diabetes. Or heart disease.
Cures do not profit corporations to the same degree as treatments.
Like renting versus owning.
@KevinCarson1 For example, we can definitely recycle uranium. In fact, over 99% of all nuclear waste can be reprocessed and reused. Be we *don’t* because it’s simply more “economical” to mine more uranium.
I want to close the nuclear fuel cycle and make it the true renewable energy source it was always meant to be.
@jamesrado @KevinCarson1
Capitalism was always worse than communism. By a humongous margin.
"In 40 years, between 1880 and 1920, British colonialism killed 100 million Indians and, according to research by economic historian, Robert Allen, extreme poverty in India increased under British rule, from 23% in 1810 to more than 50% in the mid-20th century."