[ExI] anti-capitalist propaganda, was: retrainability of plebeians

[painlord2k at libero.it]

Il 11/05/2009 17.12, Stathis Papaioannou ha scritto:

> However, the more interesting point you make is that Obama did not
> work hard for his money. I am surprised that as a supporter of
> capitalism you would hold this against him. As I said in a previous
> post, a definition of capitalist success could be making more and more
> money while doing less and less work.

This is not a possible definition of "Capitalist Success".
This could be a definition of "Aristocratic Success" or "Political 
Success" or a definition of "Criminal Success".
But I doubt that there is something like "making more money doing less 
work."

In your example about Mr. Buffett, you imply that the work done by him 
could be done by any plumber or farmer with a minimum training. If it 
was so, there would be many Warren Buffett and Mr. Buffett would not be 
so special or rich.

So, we can suppose that Mr. Buffett is doing something that not all 
people are able to do at his level of skill. And his earnings reflect 
how much he is able to produce for his investors.

But to help you, I propose another way to classify "capitalist success":
"doing the most requested works with the minimum efforts", with "most 
requested" defined by how much people is willing to pay for.
Usually, to do a work with the minimum effort the capitalist use his 
capital.

For example, Robinson Crosue on his island could have invested his 
leisure time to build a stick and a basket, so he could be able to 
gather more berries and keep them. Having a better berries production 
line would have enabled him to commerce with a hunter for game with 
greater profits for himself and the hunter.
Now, Crosue had a competitor for the commerce of berries with the hunter 
but the competitor is not willing or able to invest his leisure time to 
build his basket and his stick and compete on the same level with 
Crusoe. Do this fact cause Crusoe to do "less work for more game"?
I think not. He is doing more work with less efforts.


Mirco
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