"Capital and Profit
Capital, or private ownership of the means of production, is owned to obtain a profit. This profit naturally comes directly from those who labor on the means of production. This is an important topic and will be needed later in this post. To sum it up, the workers labor while the capitalist controls. Profit is simply the difference between the value the worker produces and what is paid to the worker. This is also called surplus value. " -anarchyhasnogods
This is a profound misunderstanding of what the free market is about. Profit is the difference between how much it costs to create a service or product compared with how much someone is willing to pay for it.
Who is being exploited if you make or buy something and sell it to someone who is willing to pay a certain price?
Which person was exploited when Floyd Mayweather made over $400 million and Conor Mcgregor over $100 million during their voluntary exchange?
If you volunteer in exchange for money to work x hours for a company that is your decision. Nobody is forcing you to be there is a free economy. The worker no more produces the value than you make the apple you buy in the store!
"This is a profound misunderstanding of what the free market is about. Profit is the difference between how much it costs to create a service or product compared with how much someone is willing to pay for it.
Who is being exploited if you make or buy something and sell it to someone who is willing to pay a certain price?"
The worker who is forced to make it or starve.
"If you volunteer in exchange for money to work x hours for a company that is your decision. Nobody is forcing you to be there is a free economy. The worker no more produces the value than you make the apple you buy in the store!"
Just because I don't have to choose that specific one does not mean I have to choose a master to work for. Work in a sweatshop or buy your own.
:This is a profound misunderstanding of what the free market is about. Profit is the difference between how much it costs to create a service or product compared with how much someone is willing to pay for it.:
you didn't read any of the links did you? The only thing that adds value to an object is human labor (because that is the only thing necessary to produce any object, even the tools and materials to produce the object were acquired through it. The value is what it takes to produce, not what you can sell it for.
It doesn't matter what people are willing to pay, we can just produce more. It's not that fucking hard to understand. We let 20 million die a year of poverty just because we can't make a profit off of them. We produce more food than is needed for all of humanity to survive, but millions still starve to death.
The one with the profound misunderstanding is you.
https://www.marxists.org/archive/marx/works/1847/wage-labour/
I'm not going to explain myself a third time, just read the post next time.