Image by Pulpolux !!! via Flickr The most common argument I hear when arguing for the exploitation theory with Anarcho-Capitalists is the concept of Risk which supports the idea that the Capitalist deserves a share of the profits, even though he is not putting any labour in, himself. The argument usually goes somehow like this. [...]
  • @[email protected]
    1•7 days ago

    Putting it another way, what’s being described here is not a capitalist. It is a bank or other form of money lender. When you take out a loan the bank is taking a risk that you won’t pay them back, but if you do they get a little extra in the form of interest. You don’t, however, keep paying them for the rest of your life even once the loan is paid off.

    • db0OPM
      4•7 days ago

      No it’s describing the capitalists as well, or more accurately the arguments right libertarians make to argue that capitalists deserve profit for the “risks” of investing their capital.