alt Hacker NewsWell they don't call it being a wage slave for nothing. You aren't getting a raise because you're still selling the same 40-60 hours of your time. If the business is getting productivity wins they'll buy less time via layoffs.
(USSR National Anthem plays) But if you owned the means of production and kept the fruits of your labor, say as a founder or as a sole proprietor side hustle, then it's possible those productivity gains do translate into real time gains on your part.
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What about coops? Or partnerships?
The very reason why we object to state ownership, that it puts a stop to individual initiative and to the healthy development of personal responsibility, is the reason why we object to an unsupervised, unchecked monopolistic control in private hands. We urge control and supervision by the nation as an antidote to the movement for state socialism. Those who advocate total lack of regulation, those who advocate lawlessness in the business world, themselves give the strongest impulse to what I believe would be the deadening movement toward unadulterated state socialism.
--Theodore Roosevelt
>But if you owned the means of production and kept the fruits of your labor, say as a founder or as a sole proprietor side hustle, then it's possible those productivity gains do translate into real time gains on your part.
Not even then: since it will commodify your field, and make any rando able to replicate it.