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▲ madaxe_again 2 hours ago

What you’ve just described there is capitalism, and the capture of crystallised labour-time by the capital classes.

Thing is, we tried the alternative. Quite a few times. The outcomes were considerably worse for everyone than capitalist economies.

▲reliabilityguy 2 hours ago | parent [-]

Even in Soviet Russia the pay for the same job depended on the location. So, not exactly a capitalist invention.