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let's spell it together, kids, w-a-g-e t-h-e-f-t
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this post was submitted on 12 Aug 2024
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That read was an interesting journey indeed. ^^
I kinda agree with your early-on point. Wage theft has a legal definition, and profiteerig doesn't fit that. Sometimes you need to flow with the joke, I guess.
For a real solution, I wouldn't just tell investors or whatever that they can't make a profit and call it a day, but rather change the entire structure of ownership so that there is nobody left who could make a profit. The people filling the (useful) roles that were formerly filled by investors, CEOs, etc. would then get just another wage/salary. I wonder if anyone has ever thought of something like that before. 🤔
You should check out Ursula K Leguin's sci-fi novel The Dispossessed. It explores a society that has no concept of ownership at all, and the good and bad that comes with that. It's really really good.
But the whole idea that profit/private property is inherently theft is a major tenant of Marxist theory as far as I understand it, so you saying
Is funny because people have been trying to think of solutions for the past ~150 years haha
Edit: behold my inability to sense irony lmaoo
Yeah, I'm aware of Marxism. Bit of a commie myself. That question was intended to be ironic. xD
omg lmaoooo my bad disregard that last part then
But definitely still recommend The Dispossessed if you like sci-fi or anarchist thought experiments -- it's so good
I'll add it to my ever-expanding TODO list, thanks.