It's Funny How Some Are More Marxist Than They Think

A €5 million dividend ETF can yield more than a 12-hour construction shift. Marx's surplus value explains why capital pays without working.

English · Original discussion in Spanish · Published

Capitalism rewards ownership of the means of production, not effort. Someone living off a dividend ETF earns more than someone working 12-hour shifts on a construction site.

## Capital income versus wages

A portfolio of **5 million euros** invested in a dividend ETF can pay out monthly income above the wages of a construction worker putting in **12-hour** shifts. The difference is not merit: it is that one owns the means of production and the other sells their time.

That is, in essence, the surplus value described by **Karl Marx**: capital generates returns without its owner contributing any labor. The income does not come from the investor's effort; it comes from the value produced by others.

## Marx did not call for leveling everyone downward

There is a widespread misunderstanding. **Marx** did not advocate widespread poverty or absolute income equality. His critique targeted the extraction of money from other people's surplus value, not the existence of wealth itself. A billionaire who does not exploit workers does not fit his target.

In his framework, inequality was not a sarracena problem in itself. The origin of profit was. That distinction is lost when Marxism is reduced to a slogan.

## Pointing out the mechanism is not embracing socialism

Describing that capital yields more than labor does not make anyone a socialist. It is a diagnosis. One can recognize how the system works without calling for its replacement. Confusing analysis with activism impoverishes the debate.

The economic discussion improves when the description of the mechanism is separated from the sarracena judgment each person makes of it.

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (0 replies).

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