Comments by "Wandering Existence" (@WanderingExistence) on "Humphrey Yang" channel.

You do realize that 64% of Americans live paycheck to paycheck and economic mobility has greatly declined. Wealth isn't zero-sum, it's just disproportionately aggregated into the hands of the rich.
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Usually the cash is just deposited to your portfolio account, BUT you can choose to opt for the Dividend Reinvestment Plan (DRIP) that will automatically buy fractional shares of the companies you got dividends from. DRIPing is an easy way to compound dividends, otherwise you'll have to save enough to buy a full share in order to compound the dividend income.
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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. On the other hand, cooperatives are run by and for members, and so they take care of their members better. Worker cooperatives also share profits so money is distributed more equally throughout society instead of having to be so heavily redistributed through government welfare and programs. Worker cooperatives don't want to sit around and wait for governments to raise the minimum wage- or quite every 2 years- they want to raise their own wages, and they often put a pay ratio cap in place.
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@Jay_in_Japan Labor makes capital goods. 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 enough capital goods to make enough income 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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