[quote=FlyerInHi]Spd, what you’re describing is kind of the situation we have now. People are having to buy assets, such as real estate and stocks, because money itself is not a good investment. The reason they are not investing in factories and other productive uses is because there is no demand. There is demand for infrastructure, but the system to build is dysfunctional.
You can’t bitch about debt in general and expect a return on your money. Money is just a tool to facilitate transactions, but somehow we expect it to provide us a positive return without us doing any work.
Ideally, you want to be part of a minority of savers while everybody else gets into debt. And that would make you a capitalist.[/quote]
If labor, rather than capital, were to reap the lion’s share of the surplus value, then people would be more incentivized to work instead of speculate. I hardly think that’s a bad thing.
As it stands, workers are looked down upon. Note all the antipathy toward labor, while the capitalist charlatans are treated as though they are gods who are deserving of every penny they strip from the productive economy. Something is very wrong when a society views productive labor as something beneath capital, but that is the system as it exists today. Many of us participate in this game because it is the only way to get ahead and survive. It doesn’t mean we approve of it.
