confused! if somebody has worked in the past, what should they do withbat020 said:True but irrelevant. "Risking a loss" isn't working – it's gambling.
True but irrelevant. All this shows is that investors may have worked in the past. But they
do not work for moneys they receive from investing (interest, dividends, rent etc) – ie investors qua investors do not work.
the money, consume anything on the spot? is that even possible? all work is done
for future benefit. even the mytholkogical totally unexploited worker who gets the fair
share of his toil, when he buys a piece of bread does so with money he acquired in
the past. any future orientated behaviour is gambling in this sense. it is in other
words impossible not do "speculate", "invest" or, and this is the same thing, "gamble".
As an aside: you only refer to the money investors make. what about the money they
loose? if the investor looses his money through investing (default, stock market crash
etc) then what? he presumable just prints new money for investing?
as a further aside, how do you square the claim of worker exploitation with the fact that
most invested money, through pension and insurance schemes is actually the workers?
they exploit themselves then?
the most commonly used distinction in this context was between "schaffendesbat020 said:No, Nazi ideology distinguishes between industrial and ", venerating the former while vilifying the latter. Finance capital (banking, moneylending etc) is thereby made a scapegoat for capitalism in general, which opens the door to all the standard racist tropes of Jew-as-parasite. But that is quite different from the Marxist position, which views all capitalist investment as exploitative.
kapital" (i.e. those who work and create) and "raffendes Kapital" (i.e. those who live of interest, exploit others, consume).
you should read your own posts! you explicitly criticise "finance capital" only, through
repeated reference to mythological "investors" who "do not work for moneys they receive
from investing (interest, dividends, rent etc) ". You didnt criticise "industrial capital"
in your posts. Nothing in your posts here is about anything other than finance capital.