No, its just that you get to keep all of the profit.
When you work for a capitalist they pay you a portion of the profit your labor generated to cover your labor cost (food, shelter etc.) and keep the rest for themself.
It might be better understood in Marxist terms: you have the cost of your input materials and the cost of the labor-power needed to transform them. Subtract them from the output value of the labor and you get the surplus-value. The capitalist will keep the surplus-value the laborer created for themself and the laborer gets enough to cover the cost of maintaining their labor-power.
I get what ypu are saying, but I have a different oppinion on the subject, and it appears that I have found my way to the wrong community, so I won’t go into details here.
What difference in opinion do you have? Self-employed laborers get to keep all of their created Value, whereas Capitalists take value created by others.
No, its just that you get to keep all of the profit.
When you work for a capitalist they pay you a portion of the profit your labor generated to cover your labor cost (food, shelter etc.) and keep the rest for themself.
It might be better understood in Marxist terms: you have the cost of your input materials and the cost of the labor-power needed to transform them. Subtract them from the output value of the labor and you get the surplus-value. The capitalist will keep the surplus-value the laborer created for themself and the laborer gets enough to cover the cost of maintaining their labor-power.
I get what ypu are saying, but I have a different oppinion on the subject, and it appears that I have found my way to the wrong community, so I won’t go into details here.
I wish you all the best!
To you as well. If you ever wonder what those Marxist are talking about here is a good read on it imo
https://en.prolewiki.org/wiki/Library:Wage_labour_and_capital
That’s not how all of us here feel. Sorry to see you go.
What difference in opinion do you have? Self-employed laborers get to keep all of their created Value, whereas Capitalists take value created by others.