I guess if you think about it that way then everything is luck and we live in a deterministic world where none of your choices matter. That still wouldn’t support the argument in the OP meme though.

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Capital is more like stored labour. The first ever capital was just a starp stick or spear. Someone spent labour and it resulted in a more productive way to hunt animals. This almost immediately would’ve resulted in inequality as the spear hunter caught more game. It’s not that the capital was taking anything from the labourer, it’s actually that capital and labour work really well together and humans are more productive with capital.

You’re also taking a snapshot of the most regulated industry in the US. Building high rises is illegal in huge swaths of urban areas. Before we say the free market isn’t providing an answer cab we actually try it? I’m talking removing exclusionary zoning, speeding up the permit process and reducing the power of local action committees, and reforming the broken heritage process that’s used by rich people to keep their areas from densifying.

What do you think he’s saying here?

You didn’t read the article you linked. In it Walter Block states that slavery violates the non-aggression-principle and is not permissible under libertarianism.

This is not at all a debate in libertarianism. Libertarians recognize the role of a limited small government to protect individual rights. Like please pull up one example of this debate going on in a libertarian space.

Libertarians don’t believe murder should be legal and crazy shit like that. Libertarians believe in a guaranteed freedoms like freedom of speech, economic liberalism and are often social progressives who believe in gay marriage and drug legalization.

The bill of rights was brought to you by libertarians.

Oh I’m sorry i didn’t realize there was empirical evidence for socialism. Please send me a link to some of these successful socialist societies.

You wouldn’t be any better off on a socialist system. The people at the top of the party would control everything and the working class would be even poorer than they are now. You’re just licking the left boot instead of the right one.

Right? There are pros and cons with every system. People disagree based on value judgements not based on misinterpretation of facts. People in their echo chambers will have you believe that everyone on the other side of the political spectrum all thinks the same way “the same people who say X also say Y!” Rarely is that the case. Most people are actually centrists who have their own independent beliefs on a wide range of topics.

Also why would you want to be in an echo chamber? I’m more of a libertarian but I like surrounding myself with people that challenge my views.

Even a labourer who has saved up can buy a back-ho. The backho could have been produced by a communist country or work co-op. Who produced the back-ho is not important.

The important thing is that value is stored, invested and combined with labour to make everyone better off. This is why wages are higher in countries with more capital such as the USA.

😂

It’s not extracted it’s combined with labour to produce higher output than labour or capital on their own.

For example a worker with a shovel could only dig a small hole a day, but with the injection of capital (ie a backhoe) they can dig many more holes. The worker can increase their pay compared to what they would’ve made with just a shovel and the person that provided the backhoe can also generate a healthy return for their capital contribution.

You keep saying “doing nothing” but I earned that money and now I am risking it in investments with uncertain returns.

Like what else would i do with it? Wreck the environment by spending it on things i don’t need?

It depends on the percent of the company you own.

I have no idea what point you’re trying to make.

Employers compete for labourers, so they have to raise wages to attract employers in tight labour markets. Offshoring has been going on for decades but it’s slowing down as developing countries are becoming more wealthy (ie: China)

Owning public stock is legally indistinguishable from directly owning a joint business venture.