• ℕ𝕖𝕞𝕠
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    4 months ago

    At this point, I almost have to think you’re trolling. Until you prove it, though, I’ll attempt to keep discussing in good faith.

    And so, your link: “Usury” is the English word for that concept. And investments generally aren’t interest-bearing loans, anyway, but profit-sharing ventures.

    Further: If I take my wages, my active income, and I invest it, the income from those investments is passive income, even if the initial investment was made with active income.

    Finally: Videos are an ablist format that are hostile to those with vision and hearing impairments, both of which I have. I don’t think saying “use your words” is refusing new information, but rather demanding it.

    • ThomasMuentzner [he/him, comrade/them]@hexbear.netOP
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      4 months ago

      there is Investment into “schaffendes Kapital” —> productive Capital … it Produces … it Consumes … most of what it produces increases general wellbeeing (there is Consumer deemand because it does) …it is goodish side of Kapital

      there is Investment into “Raffendes Kapital” —> “Extracting Capital” … Rent & Interest… it does not Produce … no , it is evens dependent on Decreasing Production… decreasing general wellbeeing… decreased Housing --> increased Rent

      interest produces nothing as well , it extracts Money (by a mathematical calculation , that does not really exist) and then produces Guilt by Misfortune…

      –> it decreases general wellbeeing

      think about your Rent . what Percentage of your Wage do you Pay just for Rent ? You Pay because a Human necessity (housing) is made “scarce” …

      Productive Capital verus Extractive Capital

      • ℕ𝕖𝕞𝕠
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        4 months ago

        Fully with you on productive vs. extractive capital. I try to make sure all my investments are ethical and productive.

        • ThomasMuentzner [he/him, comrade/them]@hexbear.netOP
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          4 months ago

          yesterday was late…

          important distinction is that you are with me on that comes from the Fact that you are working class.

          The Ruling Class (/ Elite / Passive Income Creditor Class / Bourgoise / Ownership Class / extractor Class ) lives from YOUR Labour , they are NOT with me on that .

          (Labour is the source of all Value)

          passiv income lives my others peoples Labour --> Parasiticlly , So it gonna have an Ideology that allows them to live by other peoples labour … And they will create a System that protects their Passiv income over all else … and they will not allow anybody to question their Income Or their System…

          And yes thats the System we have.

          "the Debt must be Payed! is the higest Maxime " … take the withering America for example…

          the Interest has now exceded ALL other expanses … it gets complettly suffrocated by the Passiv income Class… No healthcare , Not Pensions , No nothing… no houses … rent 1/2 of the Income … etc. And who is guilty on that Misery … ? They are … Even the Bible and the Torah allready forbade that sin… Because they Rule and they know of nothing that is more Holy than “Their Income , by YOUR Labour” … they will literally burn the planet down before they gonna give back even tiny fraqments of what they have taken … they are the CLASS ENEMY … the Parasite … because imagine a America freed from its Debt (Debt Cancelation) ? or an America freed from its Rent (Housing Reform /Landreform) … It will never happen…

          Because the “Common Class Interest” of all your Rulership will be to protect their Income. …Not America …

          Knowing to differentiate beetween “Active and Passiv Income” / “Working Class & Bourgoise” / “Plebs and Patricians”

          is Called “Class Counsiousness” , and the hole eternal War beetween Passiv (suffrocating) and active (building) Income is Called the “CLASSWAR”. … you probably have heard Marx:

          “The history of all hitherto existing society(2) is the history of class struggles. Freeman and slave, patrician and plebeian, lord and serf, guild-master(3) and journeyman, in a word, oppressor and oppressed, stood in constant opposition to one another, carried on an uninterrupted, now hidden, now open fight, a fight that each time ended, either in a revolutionary reconstitution of society at large, or in the common ruin of the contending classes”

          revolutionary reconstruction is the like Golden Age , while the Common Ruin of the Contenting Classes is the “Dark age” , the Rulership of the Suffrocating capital that is threatend by all that is good.

          thanks for coming to my Ted Talk.

          • ℕ𝕖𝕞𝕠
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            4 months ago

            See, this is part of why I’m not a communist. Not all value derives from labor, some is naturally occuring.

            The other sticking point is the inherent value of labor. In communist theory (as I understand it) the value of the final product is equal to the value of the labor required to produce it. But this means that if the product is, well, crap, then the labor put into it is without much value. That’s a no-sell for me. You can say that the value of the labor was wasted, but to say it doesn’t exist? I can’t agree to that proposition.

            • ThomasMuentzner [he/him, comrade/them]@hexbear.netOP
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              4 months ago

              See, this is part of why I’m not a communist. Not all value derives from labor, some is naturally occuring.

              this is factually wrong. all value derrives from labour if not ,name a single object created without labour. What ever is “Naturally occuring” still needs Labour to Harvest or to transport or even to watch it and enjoy its beauty.

              • ℕ𝕖𝕞𝕠
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                4 months ago

                What labor is required for a sunset, or a clear mountain stream? What labor created the jet stream?

                To harvest the ocean of fish requires labor, but to stock it did not. And a balanced ocean ecosystem has value whether or not it is utilized, as does a forest or the clear mountain stream.

                • ThomasMuentzner [he/him, comrade/them]@hexbear.netOP
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                  4 months ago

                  you have to walk there …

                  Edit: wait needs more indeep…

                  So you can not sell the Jetstream you can sell the Jet that uses the Jetstream , the Sailoboat that uses the Wind or you can build it yourself all of which need labour , without this labour the “Jetstream” has no value.

                  we talk about Base Value NOT “Superstructure” Value , thinks you can touch … not like … “i enjoy sunsets value” but even that requires some labour or at least the absence of other labour necessities… , you made absent before hand by labouring… Freetime also derives its value and existance FROM Labour.

                  • ℕ𝕖𝕞𝕠
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                    4 months ago

                    And you’ve exemplified the heart of my gripe: There is more to value than economic value. I’m not talking about selling the jetstream, but about how it provides stable weather patterns to both the American Midwest and Central Europe. There is value in that.

                    I appreciate your base / superstructure argument but I don’t understand it without further explanation. A lot of the superstructure half do seem related to production: education and art, to name just two.