Wage Slavery?

posted by Jonathan Logan on 2009.02.09, under Blog, Liberty

I still have to admit that the whole concept of “wage slavery” escapes my little confused brain.

Wage slavery, as it seems to me, is based on the following understanding:

People working for less compensation then they think would be just. This does not only include the monetary wage but also often the demand for being directly in control of the means of production and even to be paid “the full value of the product”. Often the “control of the means of production” extends to “not being bossed around and treated as property”.

While I do understand all of the above concerns, and sympathize with them (which is one of the reasons I became self-employed), I do not fully understand how to call it “unjust” or even slavery.

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The root of all evil: Compound Interest!!!!

posted by Jonathan Logan on 2009.01.09, under Blog, Just Stuff

A few days ago I sat in a bar talking to a drunken fellow next to me. He was all about that current banking and money system being evil (which I agree on). So I asked him what the main issue for him is: Compound interest! It is the root of all our troubles. Because it means that you can never pay back your debt and that whomever you owe something will own everything sooner or later.

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