*Actually, yes.*

you WILL be rewarded for providing the most pleasure for society

if it did than explain

Just anyone who could afford automation would become wealthy

Now, if the American CEOs are worth anything between twice (compared to the Swiss CEOs, excluding stock options) and twenty times (compared to the Japanese CEOs, including stock options), their counterparts abroad, how come the companies they run have been losing out to their Japanese and European rivals in many industries? You may suggest that the Japanese and European CEOs can work at much lower absolute pay than the American CEOs because their countries’ general wage levels are lower. However, wages in Japan and the European countries are basicaly at the same level as those in the US. The average worker pay in the thirteen countries studied by the EPI was 85 per cent of the US worker pay in 2005. The Japanese workers get paid 91per cent the American wages, but their CEOs get paid only 25 per cent of what the American CEOs get (excluding stock options). The Swiss workers and the German workers get higher wages than the US workers (130 per cent and 106 per cent of the US wage, respectively), while their CEOs get paid only 55 per cent and 64 per cent of the US salaries (once again, excluding share options, which are much higher in the US).5 Thus seen, US managers are over-priced. The American workers get paid only 15 per cent or so more than their counterparts in competitor nations, while the American CEOs are paid at least twice (compared to the Swiss managers, excluding stock options) and possibly up to twenty times (compared to the Japanese managers, including stock options) that of what their counterparts in comparable countries are paid. Despite this, the American CEOs are running companies that are no better, and frequently worse, than their Japanese or European competitors.

The harder the work you put in, the more money you make.

Automation is not something that should be taken lightly. Too many people are sitting back and just waiting for automation to happen thinking it will benefit them. This will be the fall of society

What?

This is the basics of work.

I'm not talking about conglomerates aided by the states, like Oil barons

Capitalism in some ways favors meritocrats, but inherentence starts becoming a problem after generations pass.

If you put in the effort to educate yourself and work an honest job, you profit.

Literally debunked this 15 minutes ago and they're repeating their arguments again

Debunk your conspiracy of post-scracity

Resources are scarce by default.

capitalism alone doesn't guarantee you perpetual wealth, you have to serve society in order to stay rich because you can't force someone to buy your product

post-scarcity is a sci fi fantasy right now lmao

No shit, heard of work?

it depends on what he means by scarcity

Yes UK and US ceos are twice as productive as Japanese and German ceos but nothing shows up in their addee value to the company vs japanese and Germans to prove it

There is a shortage and a scarcity

Shortages are man-made

@QuinnTheQuartz I see we have another soothsayer in the building. Tell me, Nostradamus, how did you arrive at such a conclusion? I suppose next you'll tell us that the sun won't eventually consume all of its hydrogen fuel and die, capitalism has no expiration date, and your undersized genitalia will continue to grow post-puberty.

Scarcity is the resource itself.

This guy is talking shit about natural elites, like its something wrong to excel in something and be rewarded because of it

Capitalism as it's known today cannot possibly function without the exploitation of the global south. When capitalists say they support capitalism worldwide they are dissalusioned or lying

If UK and US CEOs are truly twice as productive, in what way are they not adding any value to the company?

True capitalism is based on merit

Their value to the company is added through the stated 2x production.

Can you define capitalism?

xD Technically it's clear the sun will loose it's hydrogen as it consumers.

Me?

Tell me, what do you think capitalism is

Consumers, Workers, and Producers all exist for a reason.

without marxist jargons

who are you talking to fen

Merit lol

More like inheritance

@QuinnTheQuartz There are no absolutes in life aside from the absolute which I just posited. The world revolves around contradiction and uncertainty.

@fen A system built on Capital.

7/10 of rich families lose inheritance in the second generation