Comments by "Wandering Existence" (@WanderingExistence) on "Everything That's Changed With Nine of Our Most Popular Videos" video.

  1. Wage labor is renting yourself via "self ownership". Employment is literally renting another human being as if they're property. The employer-employee relationship is a very insidious dynamic. Employment is a rental contract, like if you rented capital (say, a chainsaw from Home Depot), you pay rent for the "time preference" (basically the cost of time) for a piece of property. Capitalism is based on a principle of self ownership, which sounds empowering, until you realize that most people don't own capital goods other than themselves, and must rent out the authority over themselves as pieces of "human capital". This is a process of dehumanization where human beings are valued for their return on investment as capital goods. This is why, at the very least, capitalism needs unions and safety nets (or abolishment), or else the system won't value people for their human value. Importantly we must also think about our sick, elderly, and disabled people, as they can't provide competitive economic return for the investor class to value. We must figure out a way to change this economic system if we wish to value each other.
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  2. ​ @theguy9208  There's a big difference between owning your own labor, and renting it out to a capitalist or pledging it to a feudal lord. Cooperative ownership is economic democracy, democracy because people have the right to have a say in the institutions that control their lives. P.S. idk why "alternative econ" has to be regressive... Something has to come after capitalism.
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  3. The cat wins!
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  4. ​ @ZachsTechReviewsutube  Economic democracy is Right.
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