Which, by the way, *never* happens. I can't think of a single case where someone with hundreds of millions of dollars "risked" so much that they had to sell their labor in order to survive, like the rest of us.
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Nothing funnier than people who say capitalists deserves all the profits because they take on the "risk". Most workers live paycheck to paycheck. If they lose their job they lose their house. The worse thing that could happen to the boss is that he might have to become a worker.
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but capitalists risk huge sums of money, whereas workers only risk their relatively inconsequential lives
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inheritance is a big problem, and the matthew-effect (concentration tends to greater concentration)
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Do you believe that to be true for small family farms as well?
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And precisely the opposite is true anyway: Capitalist shareholders are explicitly shielded from risk by limited liability.
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the risk was all those banks and poorly run auto companies went out of business during the recession oh wait
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Obviously the owners are risking a lot more than the workers, here's the evidence:pic.twitter.com/9wPfyir90T
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And meanwhile many of the capitalists' costs and risks have been socialized, and competition is suppressed by regulatory cartels, entry barriers, "intellectual property," etc. The vast majority of profits are economic rents of one kind or another.
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What about people who are workers for years, saving all they can, then use all their life savings to start a business?
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