- The power or right to act, speak, or think as one wants without hindrance or restraint.
- Absence of subjection to foreign domination or despotic government.
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That's having your own business.
If you're working for someone else, there is overhead, if you're saying you make the company 47/hr after overhead, profit and everything else has been taken into consideration, then you probably are making 47/hr.
Are you familiar with the concept of economies of scale?
The most effective way of producing more bread more efficiently is by having the capital to produce it. Capital in the form of not just money, but machinery and intelligence.
You say that "more people want bread, more people make bread."
No-- more people want bread, so someone invests in the machinery necessary to be the most efficient breadmaker in the world. They're able to make more bread with less people, and therefore reduce their labor costs, pricing their bread below any of their competitors, making their competitors go out of business....do you see how it works?
This is why people say it "takes money to make money."
Having capital and the money to invest in resources is what puts one business ahead of another.
If I'm missing some major point of your argument, please just give an example. Make up a hypothetical society and explain how it would work in your eyes.
Have you taken econimics of any kind? General, Macro, or Micro? - genuinely asking, not hating.
I will address this fully later, when I'm not so drunk, but for now-- in your world, what happens to those who are incapable of working (physically or mentally disabled)?
That's cool! I took macro, micro, 101 but I also took an economics course that was combined with studies in environmental sustainability. I got an F...but that's not because I didn't pay attention or learn, it's because I was in my own world and didn't care enough to pay attention to deadline. I suppose I was a bit of a hippie at the time too. Hey good on you for being into your studies.
Anything that is said in this thread by anyone is just a class or two away.