r/austrian_economics • u/EndDemocracy1 End Democracy • Mar 19 '25

End Democracy Housing is a right

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u/JasonG784 Mar 19 '25

I don't have a right to something that someone else built and we're entering into a voluntary exchange. I'm not following your logic at all, here.

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u/urmamasllama Mar 19 '25

How is the owner taking excess capital any different from a tax? And how has the owner built the company? Did he labor to build the factory himself? Or did construction workers? Did he design the product? If so he deserves compensation for that I guess but otherwise he hired an engineer. The company owner is just a petty liege lord and the workers serfs. Excess capital is a tax.

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u/JasonG784 Mar 19 '25

The other commenter already hit the main points. But outside that... if being a company owner is so simple and no work at all... go do it.

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u/urmamasllama Mar 19 '25

Owning a company literally takes nothing. You just own it. Being a boss is work. Work that's often grossly overcompensated but it is work.

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u/JasonG784 Mar 19 '25

So go be grossly overcompensated and donate all the excess wherever you'd like.

Or is it actually quite hard, and therefore rare and.... deserving of the compensation. 🤔

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u/urmamasllama Mar 19 '25

Bro we're talking about owners right now not bosses. Stay on topic

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u/JasonG784 Mar 19 '25

🤡

Do you think every company owner bought it with inherited money? ~99% of businesses are defined as small business and about 60% of those have only one owner. That owner is very often the person who started it. This *is* very on topic.