Tag: labor

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Without profit, there would be no investment

Among the numerous fallacies embraced by socialism, one of the most notable is completely ignoring the value of investment and risk. Socialists love to talk about the value of “labor” and how profit is made on the backs of “labor,” but they ignore the fundamentals of human nature and of how the market actually works. …

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Life requires labor, either your own or someone else’s

ALL human life, without exception, requires effort (i.e. labor) to sustain. If a human being is alive, someone is laboring (or has labored) to sustain that life. Even under the most fortunate circumstances, basic necessities such as food, water, and shelter must be procured which requires the expenditure of at least some effort on someone’s …

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