Your Employer is Stealing from You

in #partiko5 years ago (edited)

There seems to be a refrain in conservative and right wing circles that the government’s taxation on income somehow amounts to theft. That lower taxes will free up disposable income and stimulate the economy. What they fail to take in to account are the organs and apparatus by which the state shapes and supports an economy through its spending and provided infrastructure must continue to be funded in order for an economy to exist, and the deficit spending that often occurs when taxes are cut in order to maintain that infrastructure destabilizes the currency and increases inflationary pressure on its value. Overall, it is misguided and completely misses the point.

The real theft occurs whenever a company profits from your labor. Let’s say you are paid $10 an hour to make a product. You can assemble two in one hour, and materials in the product amount to $5 of imported goods. In total, the cost to manufacture the item is $15, and the item is sold on the market for $50. $70 of value has magically appeared out of thin air that the company now takes for one hour of labor, although you have created the product and therefore the value. Although this is a simplified example, it is in essence the labor theory of value.

Your employer does not labor. They only crunch the numbers to see how little they can pay you while charging the customer the most to line their own pockets. In essence this value they are pocketing actually belongs to you. Take it back.

Posted using Partiko iOS

Sort:  

Thank you so much for being an awesome Partiko user! We have just given you a free upvote!

The more Partiko Points you have, the more likely you will get a free upvote from us! You can earn 30 Partiko Points for each post made using Partiko, and you can make 10 Points per comment.

One easy way to earn Partiko Point fast is to look at posts under the #introduceyourself tag and welcome new Steem users by commenting under their posts using Partiko!

If you have questions, don't feel hesitant to reach out to us by sending us a Partiko Message, or leaving a comment under our post!

Congratulations @leftbehind! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You got your First payout

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

The new SteemFest⁴ badge is ready
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Congratulations @leftbehind! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

lmao another Marxtard whose never run a business or worked an honest day in their life. Labor doesn't create value you fucking dolt scarcity does. That is why two houses with the same amount of "socially" necessary labor hours (a circular definition btw) can have drastically different values depending on location, time on market, and reputation of the seller. I could sit here and debunk the pseudo-scientific dogshit known as LTV all day. There's no such thing as an objective use value either.

A huge chuck of that $70 has been consumed in rent, utilities, insurance, interest on loans and taxes; the employer didn't take all $70. If you'd ever lived in the real world you'd know most business owners don't own the physical means of production: they rent it from a landlord and borrow the rest of their capital from a bank or individual investors. The only thing they own outright is their social capital and they work their ass off to build it by creating rapport with repeat customers. Small business owners in particular do most of the leg work when they initially start before they're profitable enough to hire employees. This is common knowledge for everyone who isn't religiously devoted to an anachronistic class theory that's outdated by 2 centuries.

Coin Marketplace

STEEM 0.21
TRX 0.25
JST 0.039
BTC 98626.33
ETH 3527.14
USDT 1.00
SBD 3.23