EchoCT comments on Capitalists be like

[–] EchoCT@lemmy.ml 2 points 2 years ago (1 child)

In the example regarding the brokers look at whos labor they're profiteering from it's not their own.

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[–] MxM111@kbin.social 1 point 2 years ago (1 child)

Are you talking about broker taking commission when buying and selling stock? They provide service of buying/selling and the commission is the service fee. Why is it not their labor?

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[–] EchoCT@lemmy.ml 0 points 2 years ago (1 child)

Moving fake numbers representative of labor is not in itself labor. It's extraction of labor value from someone who actually provided something useful to society.

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[–] MxM111@kbin.social 1 point 2 years ago

Moving numbers or information representing anything or nothing is a service processed to the one who purchased the service - to the person or institution that wants to buy or sell stock. Why is it not labour? Do you not count sales person actions in a store as labour?

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lemmy:	0.19.20
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