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Thread: Memes

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  4. The Following User Says Thank You to Freud For This Useful Post:

    Uncle Wally (01-11-2021)

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  10. #1717
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    Quote Originally Posted by Freud View Post
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    The first half of this meme is true, I suppose. The second half is based on the confusion of two radically different ideas, that of working hard to enjoy the fruits of one's labor (a common enough thing in human history which could lead only to moderate wealth, which reached its apex in the free peasantries of western Europe in the late Middle Ages and colonial and pre-industrial revolution America), and accumulation of capital in order to not work at all and exploit the labor of other's while denying them the fruits of their labor and offering instead a wage which is usually minimum, and less, wherever possible. (Thus, speaking of "letting your money 'work' for you")

    The meme buys into the false dichotomy of only two choices of economic systems - capitalism or socialism. Distributism, aka "localism", never crosses their minds, though colonial America (right through the Western Expansion for most citizens) was largely distributist, not capitalist, in character.

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