this post was submitted on 29 Feb 2024
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Serious question not trying to troll here: Isn't everyone stuck in this hellish capitalist system part of that class?
No. Classes are determined by how you get your money and by how comfortable you are.
If you are working for a paycheck, you do not touch capital.
Ok so I have my beef with capitalism, for sure, but this is inaccurate. People all over the country own property, shares in public and private companies, shares of government utilities, just to name a few examples.
Ownership of things does get distributed through capitalism. As manipulated as it is, that’s the concept of the stock market.
I’m not rich, but I do own a small amount of capital. My net worth far, far exceeds what I have in my bank account when you account for my car that I’ve paid off, small investments that have appreciated over time, stuff like that.
Now the top of the capitalist class? They have SO MUCH cash, and so many resources to draw on that they can manipulate stock prices and company values at will. That’s where the whole system starts to break down.
A better way to say it would instead be the inverse: "If you don't work for a paycheck, you probably hold enough capital"