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Colezybear 8 months ago
It was my take away from this (I may be completely wrong) that Sai was not saying production=extraction. I thought the example of the Italian textile owner was showing the opposite that production (and wealth generation) is easily possible without extraction. That reasonable pay for reasonable work everyone is better off. While most if not all billionaires are created through taking advantage of laws and regulations (that cuase unequal pay for work/productivity) created by those in power that are getting money/kickbacks directly from said billionaires, and not created through true free markets. Like I said that was my take away from it maybe I am completely off base.