I just, fundamentally, have a problem with communism/socialism, and the idea of spreading the wealth into a classless society. In communism/socialism, you get paid the same for your job no matter how well you do, so there's no incentive to work. Nothing is produced, and the economy collapses. In capitalism, workers aren't exploited, there are labor unions and federal laws that prevent that. You also have the option of starting a small business. I know you guys have a problem with having to work to survive, but communism/socialism rewards sloth, giving birth to yet another generation of slothful bums.
Workers are exploited under capitalism, the result of this is called 'profit.'
What is profit?
Profit is surplus value withheld by the capitalist class from the working class.
Where does it come from?
Profit comes directly from the labor of the working class, it is the value which is accumulated over and above the wage of the worker. Given that the working class produces all products/services, profit is value produced by the working class but kept by the capitalist class.
Why is this exploitation?
Profit is a result of exploitation because the working class is not fully reimbursed for their labor. A segment of it is withheld by the capitalist class for their own gain.
- August
If we have no business with the construction of the future or with organizing it for all time, there can still be no doubt about the task confronting us at present: the ruthless criticism of the existing order, ruthless in that it will shrink neither from its own discoveries, nor from conflict with the powers that be.
- Karl Marx