return2ozma@lemmy.world to Memes@lemmy.ml · 2 months agoAnother valuable life lesson from Elmo and friends!lemmy.worldimagemessage-square130fedilinkarrow-up11.29Kcross-posted to: bertstrips@lemm.ee
arrow-up11.29KimageAnother valuable life lesson from Elmo and friends!lemmy.worldreturn2ozma@lemmy.world to Memes@lemmy.ml · 2 months agomessage-square130fedilinkcross-posted to: bertstrips@lemm.ee
minus-squaredesktop_userlinkfedilinkarrow-up10·2 months agocar and house Insurance both provide value by reducing the capital investment required to continue having an item, landlords reduce the upfront cost of housing by charging a continuous fee instead of a lump sum.
minus-squareCowbee [he/him]@lemmy.mllinkfedilinkarrow-up19·2 months agoInsurance is perhaps the peak of Financial Capital masquerading as Value.
minus-squareCowbee [he/him]@lemmy.mllinkfedilinkarrow-up10·2 months agoSame problem, arguably far worse. Consider reading Imperialism, the Highest Stage of Capitalism. Banks play a huge part in the dominance of Financial Capital.
car and house Insurance both provide value by reducing the capital investment required to continue having an item, landlords reduce the upfront cost of housing by charging a continuous fee instead of a lump sum.
Insurance is perhaps the peak of Financial Capital masquerading as Value.
what about banks?
Same problem, arguably far worse. Consider reading Imperialism, the Highest Stage of Capitalism. Banks play a huge part in the dominance of Financial Capital.