Yup I mean it's kind of funny that the go-to term people use as a synonym for "capitalist" is "CEO" CEOs of large companies typically are compensated with a lot of stock in the company, but "CEO" itself is an employee position
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Replying to @arthur_affect @jaylikewhoa and
eh sort of, most ceos either own a controlling interest or are directly elected by investors, calling it an employee position is kinda misleading.
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Replying to @KidThorazine @jaylikewhoa and
Okay but regardless of how you become a CEO, on paper, "CEO" is a job - it has responsibilities you are required to fulfill in order to be compensated
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Replying to @arthur_affect @jaylikewhoa and
sure but thier main job is to be a direct representative for the capitalist class.
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Replying to @KidThorazine @arthur_affect and
And a representative is a job description. It’s why the labor vs capital divide is problematic because it puts a CEO in the position of having oess theoretical power than a guy with a van with a craigslist ad offering to help someone move, he’s the owner if his company.
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Replying to @jaylikewhoa @KidThorazine and
That’s why my distinction on capital vs labor is dependent on whether their income stream stops if they stop working. Many (not ALL but probably most) of small business owners are workers to some extent, I would guess.
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Replying to @ILoveUTigerLily @jaylikewhoa and
Well, okay, but you're still saying the relative amount of money doesn't matter A retiree with a 401(k) is a "capitalist" while LeBron James (until such time as he retires) is a "worker" This doesn't really speak to what most people's concerns are re: "class"
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Replying to @arthur_affect @ILoveUTigerLily and
I mean does the "income stream" part actually matter? If I have no income, only wealth that I'm slowly spending - say I inherited $10 million from my dad and because I'm eccentric I put it all in a checking account and didn't invest any of it - am I a "worker" then
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Replying to @arthur_affect @ILoveUTigerLily and
no and if none of that money is invested you wouldn't really be part of the capitalist class either, but thats a pretty blatant edge case.
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Replying to @KidThorazine @ILoveUTigerLily and
My point is I don't think it matters Sitting on a pile of cash you did nothing to earn is still capitalist A pile of dollar bills is a pile of "stock certificates", or as Warren Buffett, the surprisingly woke billionaire said, they're a pile of "work orders on other employees"
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If you were an alien with a telescope and you couldn't read our pieces of paper and you just saw the actual material exchange of resources, you'd just see someone who was getting food and clothes and video games other people made without doing anything in return
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