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DanielleFong's profile
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@DanielleFong

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@DanielleFong

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Joined February 2008

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     🤷🏻‍♀️‏ @DanielleFong 21 Jul 2020

    imo a big problem with capitalism is that capital is all about the tradable ‘capital’ some commodity that is valuable at a distance, but so much about what is truly valuable is uniquely so to particular people. capital is by comparison one dimensional, it rounds this value off

    11:52 AM - 21 Jul 2020
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    5 replies 0 retweets 10 likes
      1. Just An Ordinary Bloke‏ @Unusual_Times 21 Jul 2020
        Replying to @DanielleFong

        Try living in the UK where the bulk of our economy is in the Service sector. We rely on people being out & about eating drinking travelling tourism - Covid has wiped that out. Back to bartering perhaps. 🤣

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      1. cordelia‏ @cozyunoist 21 Jul 2020
        Replying to @DanielleFong

        dialectical opposition between value (always commensurable) and use-value (only imperfectly so; just saw someone argue use-values of commodities were a weird kinda poset)

        0 replies 0 retweets 1 like
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      1. Andrew Ashmore‏ @2050Andy 21 Jul 2020
        Replying to @DanielleFong

        As a add on , i think of capitalism as a legititate way to rob people. Worker value = x , business = 10 x Value created in business maybe 2 - 3 x where does the remaining X,s go....? Research and development perhaps some maybe but mostly go to lifestyle X,s unnessary new stuff

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      1. Andrew Ashmore‏ @2050Andy 21 Jul 2020
        Replying to @DanielleFong

        Who sets the rules of the capitalism game ? Who sets the rules of business equity wealth division.? If i set up a company in the morning , what rules exist to tell me how much wealth i must share with my employees.? Other than minimum wage rules of course. Who stops me exploiting

        0 replies 0 retweets 2 likes
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      2. be9a0013—7c12—4be7—bd34—c7ffddad5f62‏ @be9a0013 21 Jul 2020
        Replying to @DanielleFong

        I'm not quite sure about that. Trade isn't unique to capitalism. I guess it becomes a problem when the person who would get the most use value isn't in a position where they could afford it.

        2 replies 0 retweets 0 likes
      3. be9a0013—7c12—4be7—bd34—c7ffddad5f62‏ @be9a0013 21 Jul 2020
        Replying to @be9a0013 @DanielleFong

        I would say this makes it a problem of inequality which is pretty much inherent to capitalism but not unique to it.

        0 replies 0 retweets 0 likes
      4. End of conversation

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