this post was submitted on 30 Sep 2023
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Leftism
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I'm happy for you, I really am! It sounds like you have a very good situation, but it's important to remember that if the company is making profit, they are still taking value of your labor without doing the bulk of the work. Capitalism is designed to do exactly one thing, and that is to maintain the power of the wealthy elite. Any benefits are coincidental.
My example shows all three parties benefitting from the arrangement. Everyone would lose if I, the worker, quit. It's not exploitation at all. I willingly enter into this agreement because I literally can't do this on my own. So I benefit from company resources. My clients can't be serviced by a small one man show so they choose a bigger company too. The firm owners make the most because it's their company and none of this would be happening without them. It's not exploitation and it's not parasitic, it's symbiotic. We've got loads of issues with legislation and enforcement, minimum wage should be like $20-30, corporate governance needs to address all stakeholders and not just shareholders, and so on. But that won't be resolved by swapping capitalism for any other -ism. It's overly simplistic to think one ism is the only problem and another ism is the only solution.