Comments by "Solo Renegade" (@SoloRenegade) on "How Money Works" channel.

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  20.  @5353Jumper  "a Capitalist is a person who owns the capital that produces the goods/services, and does not need to actually perform any work of their own." not true at all. this type of person can exist, but is maybe 10% of all capitalists. A capitalist is any person who engages in the capitalist economy for self-gain. a They can capitalize on their assets to get others to complete things too big for them to do on their own. But others can capitalize on their labor for personal gain as well. Trading time and effort for assets to grow their own wealth. "So someone with enough capital which makes them enough financial return that they can afford their household without needing to work themselves." wrong. "So not a small business owner. Not a director or board member. Not a building owner who manages their own properties. Not a person who "owns" some property and pays a mortgage. Owning a few shares does not make you a capitalist unless you 100% live off the dividends. And definitely not anyone who is an "employee" anywhere. So realistically a lot less than 1% of people who comment on YouTube. " this is nothing more than your own uninformed opinion, not factual reality. "For example: I own a business, own my house, own a bunch of shares in other businesses, and I am a fan of regulated capitalism as part of a mixed economy model - yet still I am not a Capitalist because all of that is not enough to afford my lifestye without me performing some of the labor. Though many people mistakenly think I am a Capitalist." you literally have no clue what "Capitalism" is.
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