Nothing wrong with it. It is my bad honestly because I tried to sound smart while I was wasted.
I meant to say that while money is a good proxy and heuristic for power in a capitalist economy seeing how wealth is often capital these days, focusing solely on money and taxation of profits distracts from the power of means of production. Like the power of oil corporations comes from their ability to extract and distribute fossil fuels etc. rather than however many trillions they rake in in revenue and subsidies. Letting oil companies do what they do and just tax a share of their profit seems like a terrible idea to me because such a crucial industry should not be in the control of pieces of shit like Koch brothers.
It’s just a liberal tendency of shortsightedness where they think what’s wrong with their society is that corporations are not being taxed enough and voting the right representative will rectify that. Ignoring that all politicians in both houses are on the payroll of the corporations they want to tax, and that there are institutions of coercion like the judiciary and police to stop people from trying to tax them. Capitalists can also do a “capital strike” when they don’t like being taxed or shit like that.
What’s wrong with M C M’, isn’t that a surface level view of Capital, to the untrained eye?
Nothing wrong with it. It is my bad honestly because I tried to sound smart while I was wasted.
I meant to say that while money is a good proxy and heuristic for power in a capitalist economy seeing how wealth is often capital these days, focusing solely on money and taxation of profits distracts from the power of means of production. Like the power of oil corporations comes from their ability to extract and distribute fossil fuels etc. rather than however many trillions they rake in in revenue and subsidies. Letting oil companies do what they do and just tax a share of their profit seems like a terrible idea to me because such a crucial industry should not be in the control of pieces of shit like Koch brothers.
It’s just a liberal tendency of shortsightedness where they think what’s wrong with their society is that corporations are not being taxed enough and voting the right representative will rectify that. Ignoring that all politicians in both houses are on the payroll of the corporations they want to tax, and that there are institutions of coercion like the judiciary and police to stop people from trying to tax them. Capitalists can also do a “capital strike” when they don’t like being taxed or shit like that.