• @Piers@beehaw.org
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      21 year ago

      They do. Just look at how much money the US government throws at Musk’s various projects for a start.

      A deeper insight that is worth developing is that the amount of money a person requires to be able to live a vaguely secure and stable life is the minimum baseline cost of hiring that person as a full-time employee. As a result any time a government is required to step in to provide financial support to an individual in full-time employment in order for them to get by, that is the government paying that person’s wages for the company for the economic benefit of that company that person works for and is exactly equivalent to if that business was paying the full cost to secure that employee and then was just randomly being handed money from the government. Financial benefits from the state to employed people is just a handout to those people’s employers but structured to look like social support so people don’t get uppity and demand wealth owners spend less on yachts and more on paying the actual cost of the labour that produces the wealth in the first place.