For most people, passive income is a bit of extra pocket change that requires minimal effort to earn to supplement a main source of income. For Steve Ballmer, it’s $1 billion.
Can you explain how you’ve come to that conclusion? It flies in the face of pretty much every sociologist for the last 200 years. Even Adam Smith, distinguished people by gentleman, farmer, and merchant with clear class distinctions between each, even if the term hadn’t entered into the mainstream use yet.
There are only those who provide goods and services and those who consume goods and services. And every person and company takes both roles in different contexts. That’s all.
I think you’re using a different definition of class to the standard. Once again, I want to point out you are disagreeing with pretty much EVERY major academic on this subject, including, but not limited to:
So this is a “I’m right and everyone else is wrong” situation? The whole point of Capitalism is actually in the name: those with capital (i.e. capitalists) control those without capital (i.e. workers).
You’ve decided that Adam Smith (the founding father of capitalism), the London School of Economics, Princeton, Harvard, etc are wrong. I wish I had half your confidence.
Last reply because there’s no discussing someone that just goes “nuhuh just is” despite asking for sources and clarification.
Can you explain how you’ve come to that conclusion? It flies in the face of pretty much every sociologist for the last 200 years. Even Adam Smith, distinguished people by gentleman, farmer, and merchant with clear class distinctions between each, even if the term hadn’t entered into the mainstream use yet.
There are only those who provide goods and services and those who consume goods and services. And every person and company takes both roles in different contexts. That’s all.
I think you’re using a different definition of class to the standard. Once again, I want to point out you are disagreeing with pretty much EVERY major academic on this subject, including, but not limited to:
Princeton
LSE
Harvard
So I’m curious as to where you got this notion from? Even Adam Smith distinguished social strata.
These academics peddle their own agenda. The reality is that there can’t be classes in a capitalist society. That’s the whole point of capitalism.
So this is a “I’m right and everyone else is wrong” situation? The whole point of Capitalism is actually in the name: those with capital (i.e. capitalists) control those without capital (i.e. workers).
You’ve decided that Adam Smith (the founding father of capitalism), the London School of Economics, Princeton, Harvard, etc are wrong. I wish I had half your confidence.
Last reply because there’s no discussing someone that just goes “nuhuh just is” despite asking for sources and clarification.
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