• Socialism_Everyday@reddthat.com
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    4 hours ago

    I didn’t say the word slavery at any point, I specifically talked about “free” contracts. It’s the literal definition of capitalism, I haven’t made judgment or given an opinion.

    I set the value of my own labor

    No, you don’t. Your wages are limited upwards by the total productivity, and downwards by the reserve army of labor. This is well studied and measured, and the only way to fight it within capitalism collectively and meaningfully is through artificial labour scarcity, i.e. unionization

    • finitebanjo@piefed.world
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      3 hours ago

      And in your imaginary socialism the concept of currency doesn’t exist? Your wages have an upward limit by the total productivity no matter the system.

      • Socialism_Everyday@reddthat.com
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        2 hours ago

        Socialism isn’t imaginary, it’s materialist. The whole importance of Marx and Engels is that they defended scientific socialism as opposed to Utopian socialism. I don’t want utopias, I want real working policy.

        Wages will always have an upper limit by total productivity, but they don’t need to be driven down by a labour reserve pool of unemployed people and/or poor peasants willing to migrate and become industrial proletariat. Just guarantee employment to everyone and salaries will go up dramatically. But guaranteeing employment to everyone has only been achieved by socialist revolutions.