Mastodawn

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp Jan 5

@JessTheUnstill

All passive income means you are extracting surplus value from someone elses labour, every dollar you make on profit from stocks (savings accounts also pay interest from stocks the bank invests in) is a dollar tied up in an economy of extracting surplus value from labour. If you are against capitalism then you are doing the same thing here just to a lesser extent and more indirectly but materially its still money coming from someone elses labour into your bank account

Even stocks held in worker coops which I assume exist, still lubricate the extraction of value from the workers of those coops by an investor class.

If you want to say that you cant get by without this theft there is a name for that its called the Petty Bourgeoisie. Please do not feed the monster, you are tying your financial security to the success of capitalist markets and creating perverse incentives away from revolutionary action

"
Red anarchists — If you don’t take responsibility for the harm you do, no one will. There’s no rapture-like revolution coming to wipe out capitalism’s sins and absolve you of any guilt for your part in it because “no ethical consumption”. There’s only this life you’re living and your choices absolutely matter. They shape who you are and the impact you make on your environment and your culture. If you just keep doing harm and blame your actions on capitalism, you’re no different than any CEO dumping toxic waste in a river in China. Harm reduction in your community is something you have direct control over. You can choose to not dump that waste. Or you can dump it and justify it to yourself by saying “it’s okay because capitalism did it”.
[...]
We can either choose to take action to resist the violent system starting on an individual and on a local level, or we can live and die waiting for capitalism to magically go away worldwide while participating in it fully and thus furthering its growth and increasing its violence.
"[1]

[1]
http://libraryqxxiqakubqv3dc2bend2koqsndbwox2johfywcatxie26bsad.onion/library/ziq-fuck-your-red-revolution-against-ecocide-towards-anarchy

#Capitalism #Anarchism #Investment #Marxism

AKingsbury Jan 6

@ambiguous_yelp @JessTheUnstill

I frequently see people complain that the investor is "extracting" value from the laborer. The obvious question is....why does the laborer accept the investment, if they stand to gain nothing and to lose something?

Is it possible that every such laborer is a colossal idiot? Sure. But it seems an awful lot more likely that they, too, gain in some very real way from the investment. Almost as if the relationship is...MUTUALLY beneficial.

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp Jan 6

@AlexanderKingsbury

Mutually beneficial and fair are not synonyms, the fair share of an investor in the profit of an investment is nothing. Capital investment leverages unfair societal advantages to accumulate wealth and exacerbate societal inequities that may arise from numerous sources: race gender ethnicity trans/cis status age bodily ability etc. Exacerbating these inequities is a snowball effect and it stifles innovation empathy trust and limits the richness of human experience

#Leftism #Socialism #Intersectionality #Racism #AntiRacism #Gender #QueerAnarchism #Ageism #Ableism

AKingsbury Jan 6

@ambiguous_yelp

"the fair share of an investor in the profit of an investment is nothing."

Then why invest? Why should the laborer derive a benefit from the investment (which they clearly and obviously do) and the investor not?

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp Jan 6

@AlexanderKingsbury

Because the product of all labour is made possible by all labour that came before it and so should be enjoyed by all. If your personal investment in a project is just to make more money then it is already a perverse incentive, the point of money is supposed to facilitate labour that we decide is valuable so why not skip the middle step and just invest in labour directly for the sake of it

#Leftism #Socialism #Anarchism

AKingsbury Jan 6

@ambiguous_yelp

No, the product of labor is PARTIALLY made possible by the labor. If the investment provided no benefit, the laborer would not accept it. This really isn't a hard concept to grasp. At the end of the day, what you're really saying is; you know better than the laborer. They take a deal, it makes both parties better off, but YOU don't like it, so they must be wrong, wrong, wrong.

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp Jan 6

@AlexanderKingsbury No I'm not saying the labourer is making a bad decision to take the deal I'm saying that like someone looking for a poison antidote they are put in a position where it is the best option to allow themself to be exploited. Mutually beneficial and fair are not synonymous

AKingsbury Jan 6

@ambiguous_yelp

Yes, you keep saying that over and over; it's also irrelevant, unless your motivation in life is envy.

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp Jan 6

@AlexanderKingsbury No my motivation is fairness and equality. I don't like the idea that anyone can become exponentially more powerful by leveraging their capital I think that is bad for society

AKingsbury Jan 6

@ambiguous_yelp

Yes; perhaps you should learn to think logically, instead of with your feelings.

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp Jan 6

@AlexanderKingsbury

All rational thought is founded on axioms justified by emotions. Without motivation justified by emotion there are no premises or conclusions to be had because we would lay down thoughtless until we starved

"Reason is a slave to the passions" David Hume

AKingsbury Jan 6

@ambiguous_yelp

Complete nonsense. Emotions do not form the basis of all axioms. But I do appreciate knowing that, at their core, all YOU axioms apparently do. So your worldview boils down to "if it makes me feel good, it is good; if it makes me feel bad, it is bad. If I want it to be right, it must be right, and if I want it to be wrong, it must be wrong".

Very tidy.

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp

@AlexanderKingsbury Basically thats what everyones axioms are. You can't get away from being a utility maximising machine. Everything you do and justify is because you want to do it, and you don't choose what you want.

#Metaethics #FreeWill

AKingsbury Jan 6

@ambiguous_yelp

No, that's what you imagine axioms are. Fortunately, people always retain the capacity to learn, if not the desire.

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp Jan 6

@AlexanderKingsbury

Axioms here are a foundational position held without premise or justification. When it comes down to it every decision you make is informed entirely by your emotion, rationality is just a tool to satisfy your emotions. Pure rationality has no aim so it does nothing.

AKingsbury Jan 6

@ambiguous_yelp

Yep; more idle claims. I would like to thank you for making it clear WHY you're so wrong. If you ever want to learn the very basics of economics, like the very simplest parts that your schools apparently failed entirely to teach you, I'll be here. But I think we both know how likely that is(n't).

Have a nice day.

AKingsbury Jan 6

@ambiguous_yelp

Yep; more idle claims. I would like to thank you for making it clear WHY you're so wrong. If you ever want to learn the very basics of economics, like the very simplest parts that your schools apparently failed entirely to teach you, I'll be here. But I think we both know how likely that is(n't).

Have a nice day.

🌱🏴‍🅰️🏳️‍⚧️🐧🔧📎 Ambiyelp Jan 6

@AlexanderKingsbury

Rationality has no motivation, this isn't a fringe position its formulated more thoroughly by philosophers like David Hume I wont keep replying but don't presume to be in the right just because you dont understand a philosophical position

https://philosophy.stackexchange.com/questions/132/what-did-david-hume-mean-when-he-said-that-reason-is-a-slave-to-the-passions

#DavidHume #Philosophy #Metaethics

What did David Hume mean when he said that "reason is a slave to the passions"?

I don't understand the meaning of this oft-quoted quotation of Hume's in On Reason, namely his saying that "reason is a slave to the passions." What exactly does he mean by that ? Is it simply that

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