United States | News & Politics

9376 readers

283 users here now

founded 6 years ago

MODERATORS

pangyuehung@lemmy.ml

yogthos@lemmy.ml

Trillionaire No More. SpaceX Collapse Loses Elon Musk $600 Billion in One Month (247wallst.com)

submitted 2 days ago by return2ozma@lemmy.world to c/usa@lemmy.ml

12 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] TheDemonBuer@lemmy.world 10 points 2 days ago (1 children)

You'll soon find out just out devoted to creating jobs businesses really are.

Yeah, because jobs and innovation have only ever been produced indirectly as a result of capitalism. The point isn't to create jobs, the point isn't to innovate, the point is to make as much profit as possible. If capitalists can make profits without innovating or creating jobs, they're happy to do it.

[–] leftOverLife@lemmy.ml 7 points 2 days ago* (last edited 2 days ago)

The point isn’t to create jobs, the point isn’t to innovate, the point is to make as much profit as possible.

Also, labor is what creates that profit in the first place. Capital is mixed with labor to create more capital. People like musk and all of the other oligarchs can only have their wealth as a result of exploitation of the labor of the working class.