- cross-posted to:
- housing_bubble_2
- cross-posted to:
- housing_bubble_2
At some point the trade is going to be less than the cost of rent
At some point
Well, not quite
22.4 million households who, according to Harvard University’s Joint Center for Housing Studies, pay more than a third of their income in rent.
Paying anything above the standard 30% threshold is commonly considered a cost burden.
What’s more, 12 million of those renters are severely cost burdened, which means they are spending more than half their income on housing.
We are still below 100% for now, for most people, but it will get worse
I haven’t given my full value in years… they stopped raising, and I stopped caring.
They pretend to pay us, we pretend to work
Those money pins are so cool
How is he receiving the “full value” of your labor if you’re getting paid? Do you know what “full” means?
He takes the full value, and gives some fraction of it back.
This is a great explanation:
Full in this case is all the value that you bring trough your labour. That means none of the products you make, or services you provide benefit you. Just your employer.
They are entitled to no value of someone else’s labor
Okay, so no, you don’t know what “full” means, got it.
OK, so no, you don’t know what full value of labor means, got it.
The only way to extract profit is to produce degrees of separation from the workers and the products of their labor. They receive the full value of your labor and then act like it’s a generous gift to get paid a small fraction.
Who has access to the sum of a payout before choosing the scraps to divvy out? About as much logic as I’d expect from a degenerate whose online fetishisms are perpetuated by capitalistic commerce.
There is no “payout”. It’s a trade. You’re receiving a wage at the same time that they are receiving your labor. That’s how it works.
Also, you’ve chosen what to accept as payment beforehand, you’re treating it like you have to accept just beginning to work and hope that you are paid what you believe your labor is worth after.
No one is stopping you from creating a co-op if you don’t like any of the offers presented to you, either, by the way.
What’s a coop? And are there really no barriers to entry?
Because they’re paying you to work not you paying them for the equipment