• ImplyingImplications@lemmy.ca
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        4 months ago

        It’s known as surplus value. The amount of value created by a worker beyond what they’ve been paid to create it.

        If a worker is paid $10 an hour and produces $100 of value in that hour then they have created surplus value of $90. Surplus value is kept by the company as profit. Socialists argue the amount of surplus value taken by companies has grown exponentially since the industrial revolution where a single worker could produce massive amounts of value in a small amount of time. Wages have not increased to compensate for the massive increase in surplus value.

        • spankinspinach@sh.itjust.works
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          4 months ago

          Oh yeah the gap in surplus value is ridiculous, and continues to get worse. Sorry my comment was meant as a lazy “and you too can have $28B” joke 🤣

  • yesman@lemmy.world
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    4 months ago

    Elon is s fraud, but I can’t help but be impressed that anybody in America got rich selling books.

  • Worx@lemmynsfw.com
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    4 months ago

    If you’re a certian type of Twitch steamer and shit while you’re working, you’ll be making a lot more dollars