Back when I did service work I made about $30/hr and was billed out at $60/hr. Seems outrageous right? Until you factor in worker’s comp, other insurance, admin, etc. They needed to bill at $45/hr to just break even, and you need to charge more than that to cover other unexpected costs, downtime, buy new equipment, building maintenance, etc.
The idea that capitalism “steals” the surplus value of labour can be true sure, but it’s often simplified and exaggerated so much like in this meme that it’s hard to take seriously. It’s probably hard to quantify depending on the industry too as there are different expenses and added value by the employer (I bet Wal-Mart is an order of magnitude worse than your local plumbing company for e.g.) If I were to just hire myself out at the exact same rate my employer did but covered all the additional costs and value they added I wouldn’t actually be ahead anything at all, and I’d have to work even more just to end up in the same place in the end, so at least in that case the system benefited us both.
Workers are absolutely exploited by plenty of shitty companies. But that’s not caused by capitalism, nor is it solved by any other -ism. The causes are complex and the solutions are even moreso, if there even are solutions at all. To sit here removed about it in the form of a stupid anti capitalism comic is just childishly naive.
Back when I did service work I made about $30/hr and was billed out at $60/hr. Seems outrageous right? Until you factor in worker’s comp, other insurance, admin, etc. They needed to bill at $45/hr to just break even, and you need to charge more than that to cover other unexpected costs, downtime, buy new equipment, building maintenance, etc.
The idea that capitalism “steals” the surplus value of labour can be true sure, but it’s often simplified and exaggerated so much like in this meme that it’s hard to take seriously. It’s probably hard to quantify depending on the industry too as there are different expenses and added value by the employer (I bet Wal-Mart is an order of magnitude worse than your local plumbing company for e.g.) If I were to just hire myself out at the exact same rate my employer did but covered all the additional costs and value they added I wouldn’t actually be ahead anything at all, and I’d have to work even more just to end up in the same place in the end, so at least in that case the system benefited us both.
Yes, precisely this.
Workers are absolutely exploited by plenty of shitty companies. But that’s not caused by capitalism, nor is it solved by any other -ism. The causes are complex and the solutions are even moreso, if there even are solutions at all. To sit here removed about it in the form of a stupid anti capitalism comic is just childishly naive.