this post was submitted on 10 Nov 2023
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chapotraphouse

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[–] [email protected] 3 points 2 years ago* (last edited 2 years ago) (1 children)

I guess to my brain a definition based on wage labor just seems more straightforward and more clear cut, ie what WoofWoof91 said below. Here's what I mainly found unclear:

If you got your paychecks based on other people's work,

This feels wishy-washy, what counts as "based on other people's work"? If you structured a company where the managers compensation was based on the output of the workers they supervised, would that make the manager a capitalist? Maybe I'm just misreading.

who you have a stake in determining the way production is done

This I actually don't understand.

and from your reply, I think this line is clarifying as well:

They still need to perform their own duties and are held accountable by their own bosses.

or to take a less descriptive approach, it seems simpler to say, capitalists are the ones who own the enterprise. Since that ownership is what gives them impunity/autonomy to do with the enterprise as they see fit. And I like WoofWoof's comment because it also addresses the degrees of ownership (people who derive some income from owning capital, but a minority of their income)

Sorry if this is annoying lol

[–] [email protected] 4 points 2 years ago (1 children)

Don't apologize, you're right. The definition I gave isn't perfect. It's just what works for me in many cases where I'm talking with someone who is unfamiliar. But yeah, WoofWoof's is clearer about those ambiguities in mine.

[–] [email protected] 5 points 2 years ago

guess it's reflexive at this point, to make clear I'm not just being a debate bro. I'm glad this site isn't like that heart-sickle