And who determines the value of their work?
Are you saying to me that a fat b*stard punching his clock at the DMV or the post office, but me as an entrepreneur , working sometimes 60-70-80 hrs a week putting my ass on the line, signing massive liabilities for 10s of thousand of dollars to keep payroll going for a couple of weeks til the money comes in, that this fukktard govt. employee, he is the working class and i'm not? Are you kidding me?
How do you people say this sh*t with a straight face?
Is the assumption that all capitalist are in the 1%?
cap·i·tal·ism
ˈkapədlˌizəm/
noun
- an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
So you're creating you're own definition of capitalism to fit your assumptions/narrative?
Capitalism intertwined with the state isnt capitalism. I think what you're referring to is really just the profit motive itself.
...and I think those insecurities you speak of come from market competition being artificially stifled, keeping the ball in the employers hands.
An employee may contribute $100,000 in value to a firm, but their salary is only $40,000. Through wages, the employer determines the value of an employee's labor.
The term "working class" doesn't have much to do directly with the idea of person X works hard while person Y doesn't. Understanding the class composition of society comes from a scientific analysis of social structure, based on the relationship to the means of production. Income levels are a separate issue and don't always correspond neatly to people's relationship to the means of production. It is perfectly within the realm of possibility for a working class person to make more money (salary) than a petit bourgeois small business-owner, for example.
If you are a full-time entrepreneur and run your own enterprise and don't work for anyone else, you are a member of the petite bourgeoisie, especially if you have employees. The guy at the DMV may be considered working class because he is selling his labor power, and probably has to do so in order to survive. Personally I would probably consider him to be "middle class" - not in the sense of income, but as an intermediary class between the working class and the petite bourgeoisie. I think those who staff the state apparatus generally have slightly different material interests from the working class, just by nature of their jobs, and also don't identify with the working class.
What class means is that your material interests are different. You probably do work harder than the DMV employee, but you would likely view communalized/socialized production as a threat to your interests. Your employees (if you have any) operating your firm and cutting you out would probably be perceived as a threat by you. Basically all petite bourgeois people aspire to become large business owners and members of the haute bourgeoisie.
I'm not creating my own definition of capitalism, I'm recognizing that the state as we know it is an instrument of class rule. It is necessary for the bourgeoisie to maintain its dominance in society. Hence why all laws privilege those with property over those without; why the primary function of police is to protect private property; state forces subvert every movement that is a potential threat to capital; etc. I will expand on this later when I get a chance.