this post was submitted on 12 Jul 2024
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Asklemmy
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At this point, I almost have to think you're trolling. Until you prove it, though, I'll attempt to keep discussing in good faith.
And so, your link: "Usury" is the English word for that concept. And investments generally aren't interest-bearing loans, anyway, but profit-sharing ventures.
Further: If I take my wages, my active income, and I invest it, the income from those investments is passive income, even if the initial investment was made with active income.
Finally: Videos are an ablist format that are hostile to those with vision and hearing impairments, both of which I have. I don't think saying "use your words" is refusing new information, but rather demanding it.
there is Investment into "schaffendes Kapital" ---> productive Capital ... it Produces ... it Consumes .. most of what it produces increases general wellbeeing (there is Consumer deemand because it does) ..it is goodish side of Kapital
there is Investment into "Raffendes Kapital" ---> "Extracting Capital" ... Rent & Interest.. it does not Produce .. no , it is evens dependent on Decreasing Production.... decreasing general wellbeeing... decreased Housing --> increased Rent
interest produces nothing as well , it extracts Money (by a mathematical calculation , that does not really exist) and then produces Guilt by Misfortune...
--> it decreases general wellbeeing
think about your Rent . what Percentage of your Wage do you Pay just for Rent ? You Pay because a Human necessity (housing) is made "scarce" ...
Productive Capital verus Extractive Capital
Fully with you on productive vs. extractive capital. I try to make sure all my investments are ethical and productive.
Mankind be Vigilant .we always loved you