What work does a banker do? What work does a landlord do? Why do those who control the means of production get paid more than those who actually produce?
Login to reply
Replies (1)
IMO banks and capitalism can't coexist. Humans generally can't handle the responsibility of a bank, and the point of failure creates tragedies of the commons, which causes governments to intervene, which actually increases the scale of the risk that the bank represents. That's the best case scenario, and there's nothing good about it. In reality, politics is inherently corruption, no matter how you dress it up. A government having control over money just allows the bankers and politicians to more efficiently steal from people.
What are they stealing? By controlling the supply of money, they transfer value from producers to themselves. How are things produced? Capital.
Thus, banking is anticapitalistic. In fact Marx wrote that destroying capitalism would require central banking. That's playing out right now. You're blaming capitalism for the problems created by bankers and politicians, but those people aren't capitalists.
Landlords are just people selling something. If there's a problem with housing being too expensive, which obviously there is, it's not because landlords are greedy. Can you think of some real reasons? This is already too long and I need to do things.