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Comment on Job creation: Where are the startups?parent

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The real underlying point here is that owners of machines and stocks of resources are under no obligation to provide a penny to others under any circumstances, and that thinking they are is tantamount to Stalinesque genocide.

However, taxes are legitimate and have been around forever. I imagine that you regard this status quo as slavery. Also, limited work-weeks have been around forever. I gather that you regard this as freeloading. And these things ultimately provide for public goods, without any Stalinesque genocides being perpetrated against 'job creators'. At the same time, taxes do not get collected without legally accountable economic activity.

Indeed, as productivity increases, we should see benefits such as people not being forced to immediately begin starving in the street because their job became economically unnecessary, and people not being forced to work 80-hour weeks to provide for the profit of somebody else. If overall productivity increases only come with less social security and more compulsory work for one class, that is because another class is applying coercion to steal labor, which is not morally any better than stealing capital.

This observation does not require one to be a Bolshevik, nor does it entail that any mass killings will occur. Nor does it involve revolution. The status quo of several decades in the western world is already something of a balance between workers and capitalists. Now you are peddling the idea that this arrangement has been unfair to the capitalists who have been tremendously enriched by it.

That isn't correct. It is in the interests of capitalists not to kill and overwork the people whose time is required to produce anything, and not to strangle the average consumers whose spending power drives the economy. The problem is that short-term thinking and ideologues such as yourself are working to convince capital holders otherwise, that they should cash out as quickly as possible without regard to the social impact of what they are doing.

That's dangerous thinking and I urge you to become more educated in this area.

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