1) Why would a venture capitalist pay a laborer to create a product that the capitalist is going to sell for the same amount it cost to produce it? That's not how the market works! The capitalists sell the product at what is called a "markup." It is usually much greater than the 8/12, on average, than I included in my example.
2) When I say laborer, I am talking about anybody in the labor pool....so, if one laborer produces broomsticks and another laborer produces mop heads they don't necessarily have to buy the exact product they produce to lose the value of their labor because we're looking at the pool in its entirety. The broomstick laborer will need a mop head and the mop head laborer will need a broomstick....therefore, their labor/hours are still spent in proportions unequal to the rate they are paid. That's how the system works.....it is a fact, not an opinion.
3) When I am talking about the "market" I am not referring to any type of governmental structure....economic systems and governance systems are two distinct entities. Many confuse the two because they are often interrelated in rhetoric.
4) It was asked why the laborer would work for the capitalist if the laborer could just go out and produce the product on their own....the capitalist owns the means of production....that's what makes them the capitalist. Therefore, the rich get richer (they own the means of production), and the poor get poorer (they're not receiving the true value of their labor).
Now, I have no opinion on which economic system is best....I'm just pointing out some facts to explain why the gap between the very rich and the very poor is increasing. That's all.
OMG are you actually saying that the capitalists owning the means of production will have greater power than the laborers??? And therefore will become richer by exploiting the work of labourers?
Would it mean... That MARX WAS RIGHT??? And that marxism and socialism (which are different things but with some common ideas) are actual answers to the domination of capital?
Damned! Who would have thought that there was such inequalities in our world...
Wait... FUCKING EVERYONE WITH A BRAIN!