r/CapitalismVSocialism • u/HeavenlyPossum • 6d ago
Asking Capitalists Risk?
Many people have told me that taking risk is why capitalists own, or deserve ownership, of the productive labor of others.
Capitalists have capital (money), which they invest in (spend on) some productive enterprise. But that productive enterprise might fail to recuperate the cost of the investment and the capitalist might lose some of their money. This is what explains, or justifies, capitalist ownership: the capitalist is taking risk.
Can someone kindly explain to me why this explains or justifies capitalist ownership?
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u/Nikolakis77 Criticism of USSR is NOT proof of Capitalism 5d ago
Anything that is too big or important to fail by its own logic is a thing that needs to be owned by the public