>>21143555>nobody is worth a billionit's not about what the individual is worth. It is about the contribution they made.
*adjusting this allocation of the means of production and reaping profits accordingly is neither exploitative nor stealing*, and you have provided no argument showing the opposite.
It has been shown both empirically (though I don't like empiricism) and rationally to be the most effective system for allocation of MoP we have. it is this system that guarantees a relative rise in the purchasing power of the consumer.
it is not about who "designs" or "build" the product, it is about who decides what to build, in what quantities, when, where using how much capital and so on.
someone who designs the product himself, will have a great advantage if the product is/will be in demand and represent a profitable venture, as he will be the one with the head start in its production and sale
if I decide to build a plushies factory and the result is great profit, whether this action was suggested to me by the spirit of mr Mises himself, or resulted from careful calculation, is irrelevant: the outcome is a better allocation of the means of production, and I should be rewarded accordingly.
sometimes such demand is so urgentthat the profit warranted reach billions.
in most situations, that is not the case, and we see in reality a plethora of entrepreneurs who might not earn more than a mere 100k per year from their venture, or just a few millions or maybe even losses because the change in allocation was incorrect.
>capitalism the accumulation of wealthfirst, capitalism is an economic system based on private property rights, more specifically of the private property of the means of production.
Individuals seek to maximize their psychic income and capitalism is no different.
seeking the venture with the maximum profitability is simply seeking the most urgent demand of consumer.
im kind of repeating myself cuz im tired, but I think this should be good enough.
